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Interstate Highway 35 - ± 117 Acres of Commercial Land off IH-35

117 Acres of Commercial Land Offered at £10,390,387 in Lorena, TX 76655

Investment Highlights

  • Easily Accessible
  • Excellent Visibility
  • High Traffic Area

Property Facts

Price £10,390,387
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 117.00 AC

1 Lot Available

Lot

Price £10,390,387
Price Per AC £88,807
Lot Size 117.00 AC

Description

Prime Commercial Land in Lorena, Texas! Welcome to a unique opportunity to invest in a strategically located ±117 acre tract of land in the heart of Lorena, Texas, just 13 miles south of Waco. This expansive property offers versatile options for development and is zoned as Interstate 35 Planned Corridor District by the City of Lorena. Key Features: Size: ± 117 Acres (5,096,520.0 SF approx.) of prime commercial land. Division Options: The seller is open to dividing the tract to accommodate specific purchase needs. Thus, offering the flexibility to acquire portions of the land or the entire ±117 acres. ± 15 Acres (653,400 SF) ± 10 Acres (435,600 SF) ± 5 Acres (217,800 SF) Zoning: Designated as Interstate 35 Planned Corridor District, providing flexibility for various commercial and mixed-use developments. Utilities: The City of Lorena provides water services to the property, ensuring essential infrastructure support. Electricity is readily available on-site. Location: Situated just south of Waco, this property enjoys excellent connectivity with convenient access to Interstate 35, a major artery for regional and interstate travel. Additional Information: Development Potential: Ideal for a range of commercial and mixed-use developments, including retail, hospitality, or industrial projects. Infrastructure: While sewer services are not currently available, the property is well-served by electricity, paving the way for efficient development. Strategic Positioning: Benefit from the growing economic opportunities in the vibrant Lorena area while taking advantage of the planned development options along Interstate 35. Whether you’re considering the entire ±117 acres or a tailored portion, this commercial land presents an exciting canvas for visionary developers and investors. Don’t miss the chance to be part of the dynamic growth in Lorena, Texas.

zoning

Zoning Code IC (Interstate 35 Planned Corridor District & Waco ETJ)
IC (Interstate 35 Planned Corridor District & Waco ETJ)
  • Listing ID: 29110703

  • Date on Market: 26/07/2023

  • Last Updated:

  • Address: Interstate Highway 35, Lorena, TX 76655

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