00 N Houston Street

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.