2300 South New Road, Waco, TX 76711 - McLennan County

Prime Development Opportunity in Thriving Waco Market

Presented by Silver Oak Commercial Realty and broker Jim Leatherwood, part of a team known for disciplined market analysis, relationship-driven brokerage, and hands-on client service across Texas.

Asking Price: Please contact broker.

Unmatched Location: This property sits in one of Waco’s fastest-growing corridors, directly across from three major entertainment anchors — Top Golf, Main Event, and Cinemark Theatre. The visibility and traffic they generate create a built-in advantage for any residential or mixed-use development, offering strong appeal for renters, buyers, and long-term investment.

Zoning & Development Potential:

Zoned medium-density residential/office/flex, the site supports a wide range of uses including duplexes, townhomes, condos, and apartments with densities up to 25 units per acre. The flexibility of this zoning also positions the property well for senior living, build-to-rent communities, and other modern housing concepts that align with Waco’s growing demand. Buyer to verify all zoning and entitlements with the City of Waco.

Why This Site Stands Out:

Centrally located in a booming area supported by strong demographics and ongoing commercial expansion.

Broad zoning allows creativity in design and maximizes exit strategies.

Surrounding entertainment anchors enhance walkability, lifestyle appeal, and long-term property value.

Offered by a reputable brokerage team known for guiding investors and developers through land acquisition, entitlement, and disposition.

Ideal Buyer:

Developers, builders, or investors seeking a prime infill location with multiple paths to value creation — from rental housing to modern community-driven residential product.

Next Steps:

Contact Jim Leatherwood at Silver Oak Commercial Realty for pricing, site plans, demographic reports, and to schedule a tour. This is a rare chance to secure a high-visibility site in one of Waco’s most dynamic growth areas.