0000 N Houston St |
|
| Price: | $265,000 |
| Property Type: | lots |
| MLS #: | 20880521 |
| Shovel-ready commercial opportunity in one of the fastest growing pockets of the Texas Triangle. This 3.41-acre tract in Lorena comes with fully engineered and approved plans for a convenience store, gas station, and retail site, giving developers and operators a true head start. All utilities are stubbed and ready at the property line, including water, sewer, and electric, eliminating costly off-site extensions and reducing time to market. The engineered site plan includes a 4,000 sq ft building, five MPDs with ten fueling positions, completed grading and drainage, and a feasibility study already performed. The creek along the boundary falls outside the buildable footprint, ensuring a straightforward development path. Located just one mile from I-35, the property delivers over 1,200 feet of dual frontage on N Houston St and Old Lorena Road. Traffic counts at the intersection total 5,078 VPD, with frontage and turn traffic split nearly evenly. These volumes support regional C-store brands and continue to grow as residential development expands across Lorena and southern McLennan County. With a listing price of $265,000 ($77,712 per acre), this site offers an exceptional land basis relative to projected post development values of $450,000–$600,000. Year one financial projections show strong potential, including an estimated $1.37M in C-store sales, 713k gallons of fuel volume, and a $176,016 net profit. If you’re looking for a shovel-ready commercial pad with approvals in hand, utilities in place, and high-growth demand drivers, this Lorena site stands out as one of the strongest development opportunities in the area. | |
| Area: | Mclennan |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 3.41 |
| Virtual Tour: | Click here to view |
Courtesy: Gregory Windham • Ranch Roads Realty • 817-676-2374 
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