Description
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.
Details
| MLS # | 20880521 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 300 |
| Listing Provided By | Ranch Roads Realty | Gregory Windham |
Features
| Zoning | Commercial |
|---|---|
| Acreage | 3.41 |
Exterior
| Lot Features | Acreage, Corner Lot |
|---|
Utilities
| Utilities | Asphalt, City Sewer, City Water, Electricity Available |
|---|
Taxes
| Unexempt Taxes | 912 |
|---|---|
| Tax Legal Description | STEWART J ACRES 3.41 |
Area Information
| State | TX |
|---|---|
| County | McLennan |
| City | Lorena |
| Zip Code | 76655 |
| Area | McLennan |
| Community Name | Stewart J |
| School District | Lorena ISD |
| Elementary School | Lorena |
| High School | Lorena |
| Listing VS Median (in Stewart J) | |
Price: $199,000 low | high Med: $450,000 On site: 300 low | high Med: 98 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | McLennan |
| City | Lorena |
| Zip Code | 76655 |
| Area | McLennan |
| Community Name | Stewart J |
| School District | Lorena ISD |
| Elementary School | Lorena |
| High School | Lorena |
| Listing VS Median (in Stewart J) | |
Price: $199,000 low | high Med: $450,000 On site: 300 low | high Med: 98 | |