1822 Ritchie RdWaco, TX 76712

For Sale
$1,960,200

10-Acre Waco Retail Land Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 10-acre commercial property, located at 1822 Ritchie Road in Woodway, Texas (zip code 76712), presents a unique investment opportunity in McLennan County's rapidly expanding residential sector. The 1,678 square foot existing retail building sits on a level building site with prime road frontage on Ritchie Road. Utilities are available. The property's zoning would require a change to accommodate various development options, including a zero-lot line retirement community, a storage facility, or duplex construction. This location offers significant potential for developers seeking to capitalize on the high demand for residential projects in the thriving Waco, Texas market. The asking price is $1,960,200. This property offers a rare chance to participate in the dynamic growth of Waco's real estate landscape. Its strategic location and expansive size make it an ideal platform for a variety of lucrative development ventures. Don't miss this chance to secure a prime piece of land in a high-growth area.

Highlights

  • Prime road frontage on Ritchie Road.
  • Level 10-acre building site.
  • Utilities available.
  • Located in Waco, Texas, a high-growth market.
  • Zoning allows for redevelopment; potential uses include retirement community, storage facility, or duplexes.
  • Asking price: $1,960,200.

Property Details for 1822 Ritchie Rd

Property type
Other retail properties, Other land
Square Feet
1,678 SF
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Waco
County
McLennan
State
Texas
Latitude
31.5348439
Longitude
-97.286868
1822 Ritchie Rd, Waco, Texas

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1822 Ritchie Rd
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