11.42 Acres on Farmiller Road — Sale in Lorena, TX

  • Price: $480K
  • Listing type: For sale
  • Asset type: Business
  • Location: Lorena, TX 76655

Description

Prime Development Opportunity in Waco ETJ Onward Real Estate Team presents an exceptional development opportunity featuring approximately 11.42 acres of land strategically located on Farmiller Road in Lorena, Texas. This versatile property offers significant potential for developers, owner-users, and investors seeking land in the growing Waco extraterritorial jurisdiction. Property Highlights This 11.42-acre parcel (497,455 square feet) benefits from Waco ETJ zoning, providing flexibility for various commercial and residential uses. The property features approximately 290 feet of frontage along Farmiller Road with 1,720 feet of depth, offering excellent visibility and access. Infrastructure & Utilities The property benefits from excellent utility access, including: City water with 8" water line available Sewer service with 4" sewer line available Electricity readily accessible Strategic Location & Market Position This property is ideally positioned across from ongoing residential development, demonstrating the area's active growth trajectory. Located within Waco's extraterritorial jurisdiction, the site offers development flexibility while benefiting from proximity to Waco's expanding market and infrastructure. The property shows portions within FEMA flood zone areas, providing opportunities for thoughtful site planning and development. Development Potential With its substantial acreage, utility availability, and strategic location, this property is well-suited for: Residential subdivision development Mixed-use projects Commercial development Owner-user facilities Investment hold for appreciation Additional adjacent land is available for buyers seeking to assemble a larger development parcel. Land Size: 11.42 Ac | Listing Type: FOR SALE

Market Context

This commercial property in Lorena, TX is listed for sale at $479,900. It has been on the market for 72 days. Compare it against other commercial property listings for sale in Lorena, TX — view the full market.

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