Discover an exceptional commercial investment opportunity at the NWC of Lake Shore Drive and MLK Jr. Blvd in Waco, TX. This prime pad site encompasses a total of 6.314 acres, divided into two lots of 2.324 acres and 3.99 acres, respectively. Zoned for C-3 commercial use, the property is ideally situated at a signalized intersection, ensuring maximum visibility and traffic flow. The site benefits from high vehicle traffic counts, with 17,543 VPD on Lake Shore Drive and 10,300 VPD on Steinbeck Bend Drive, making it a highly attractive location for retail and commercial development.
Located in close proximity to McLennan Community College, with a student population of 8,500, and surrounded by well-known retailers such as H-E-B, Walmart Supercenter, and McDonald's, this site offers significant potential for businesses looking to capitalize on the area's strong consumer base. The demographic profile within a 5-mile radius includes a population of over 100,000, an average household income of $60,826, and a daytime population exceeding 100,000, underscoring the site's appeal to a diverse range of commercial ventures.