SWC Interstate Highway 35E & East Crestview Drive - Commercial LAND FOR SALE


Lacy-Lakeview, TX 76705 274,428 SF
$2,744,280 USD
469-556-0751
SWC Interstate Highway 35E & East Crestview Drive, Lacy-Lakeview, TX for Sale
$2,744,280 USD
Commercial LAND - FOR SALE
1/21
274,428 SF

SWC Interstate Highway 35E & East Crestview Drive
Lacy-Lakeview, TX 76705


HIGHLIGHTS

  • TXDOT traffic counts indicate 90,000+ vehicles per day
  • City utilities on site (6-inch water and 6-ich sewer lines)
  • Site is adjacent to the dense residential area
  • 10 Minutes from Downtown Waco
  • The population within a 10-mile radius in 2023 is nearly 175,000 people. The area surrounding the property has grown by over 14% since 2010.
  • $10B DATA CENTER just 4 miles north of the subject property along IH-35N

OVERVIEW

BCRA is pleased to present a premier commercial development opportunity in the rapidly expanding Waco, Texas metropolitan area. The Property consists of 6.3 acres of undeveloped commercial land strategically located at the southwest corner of Interstate 35 and Meyers Lane in Lacy Lakeview, TX. Positioned along one of the most heavily traveled corridors in Central Texas and surrounded by accelerating economic growth, this site represents a high-value, high-visibility investment opportunity with long-term upside. The combination of explosive regional development, major institutional investment, and flexible zoning makes this property a true Gold Mine investment for developers, investors, and end-users. Property Overview • The City of Waco has announced a $10B DATA CENTER is planned to be built just a 4-mile north of the subject property. The property is suitable for shopping centers, neighborhood stores, fast-food restaurants, gas stations, etc. • Location: SWQ Interstate 35 & E. Crest Drive, Lacy Lakeview, TX • Acreage: 6.3 Acres • Zoning: C-1 Highway Commercial • Visibility: Direct frontage along Interstate 35 • Traffic Counts: Over 97,000 vehicles per day on I-35 • Access: Immediate access to I-35, U.S. Route 77 Business, and Loop 340 • Conceptual Plan: Pad-site layout available for retail, QSR, hotel, industrial, or mixed-use development The City of Lacy Lakeview has expressed openness to expanded uses, including industrial with outside storage, providing additional flexibility for developers. Investment Highlights. 1. Explosive Regional Growth A transformative $10 billion data center has been announced along IH-35N, located approximately 4 miles north of the Property. This single project is expected to drive massive demand for housing, retail, services, and supporting infrastructure. 2. Exceptional Visibility & Access • Over 97,000 VPD on Interstate 35 • Direct frontage and signage opportunities • Minutes from Downtown Waco and Baylor University 3. Strategic Central Texas Location • 10 minutes to Downtown Waco • 8 minutes to Baylor University (20,000+ students) • Adjacent to Texas State Technical College (TSTC) and McLennan Community College 4. Strong Demographics • Nearly 175,000 residents within a 10-mile radius (2023) • 14% population growth since 2010 • Expanding workforce and student population 5. National Retail Presence Surrounding national retailers include: The Home Depot, Walmart Supercenter, Planet Fitness, Atwoods, Dollar General, Discount Tire, Starbucks, Chick-fil-A, Sonic, Whataburger, Wendy’s, IHOP, McDonald’s, Taco Bell, and many more. Surrounding Area Economic Development: The north Waco / Lacy Lakeview corridor is undergoing rapid transformation driven by institutional investment, residential expansion, and infrastructure upgrades. Key developments include: Major Projects & Growth Drivers • $10B Data Center planned along IH-35N (4 miles north) • 200-unit luxury apartment complex under construction; currently 25% occupied • TSTC $72 million program building underway on IH-35 northbound • Former K-Mart redevelopment beginning renovations • 92-lot subdivision by Woody Butler Construction (infrastructure complete; homes selling) • 340-acre ranch-style HOA subdivision purchased for development (85 one-acre lots + larger tracts) Infrastructure Investments • $9.5 million city bond for infrastructure improvements • $2.5 million bond for sewer system upgrades • Completion of the Smith Street Pump Station, providing expanded water capacity and a second tie-in with the City of Waco These improvements significantly enhance the development potential and long-term value of the Property. Development Potential: The Property’s zoning, location, and surrounding growth support a wide range of uses, including: • Retail / QSR • Hotel / Hospitality • Industrial with outside storage • Medical / Urgent Care • Flex / Office • Multifamily or Mixed-Use (subject to approvals) • Pad-site subdivision The conceptual site plan (attached) illustrates multiple pad configurations suitable for national retailers, service providers, or build-to-suit tenants. Conclusion: This 6.3-acre tract represents one of the most strategically positioned commercial development opportunities in the Waco metropolitan area. With unprecedented regional investment, strong demographics, and flexible zoning, the Property is ideally suited for developers and investors seeking long-term value in a high-growth corridor.

FOR SALE DETAILS

PRICE

$2,744,280 USD

PRICE/ACRE

$435,600/AC

PRICE/SF

$10 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Retail, Office, Hospitality, Auto Repair, Bank, Fast Food, Hotel, Restaurant

LAND ACRES

6.3 AC

LAND SF

274,428 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Cable, Telephone

ZONING

Highway Commercial

APN/PARCEL ID

2005036239

ASK ABOUT THIS PROPERTY

Mike PirzadehBinding Commercial Realty Advisors, LLCMore Info
469-556-0751

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Mike PirzadehBinding Commercial Realty Advisors, LLCMore Info
469-556-0751

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.