Come check out this corner vacant double lot with many potential uses! With M-2 zoning, this property provides endless potential - whether you're looking to build new construction or pursue a wide range of commercial or industrial opportunities. Situated in a prime location near downtown Waco, McLane Stadium, multiple parks, and major roadways, this lot provides both convenience and visibility. Don’t miss out on the chance to invest in this versatile property - schedule your private showing today! Lots are also offered individually. 700 Spring St MLS#155840 & 702 Spring St MLS #21155832.
North East Riverside, located between the Brazos River and Waco Drive, is a residential and river-adjacent Waco neighborhood with leafy streets and a campus-edge energy. The neighborhood’s character concentrates around the Waco Drive corridor near the Brazos River bridges, where traffic, trail users, and local storefronts set a steady daytime rhythm. Early-20th-century cottages and mid-century ranch homes mix with small apartment buildings, giving blocks a lived-in, practical feel. Cameron Park’s trails and river overlooks shape daily routines, while the nearby suspension bridge frames classic Waco views. Cultural gravity comes from the Dr Pepper Museum, the Waco Mammoth National Monument, and the Waco Civic Theatre, each anchoring a different kind of outing. Side streets stay quieter, with porches, mature trees, and quick turns toward downtown and the river path.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Vacant parcel (no structures)
Partially wooded
Exterior features
Corner lot with level terrain
Many trees / partially wooded
Will subdivide (2 lots)
City street frontage with asphalt road surface
Easements for utilities
Aerial photo available in documents
Home design
Land property (unimproved)
Zoned (M-2)
Possible uses: Industrial, Residential, Single Family
Current use: Vacant
Development status: Zoned
Subdivision: Riverside
Construction
Unimproved land
Utilities
No public water
No public sewer
No municipal utility district
Asphalt road access
HOA & community
No homeowners association
Financial info
Listing terms: Cash or Conventional
Treat as clear loan type
No second mortgage
Other
Listed with exclusive right to sell agreement
Possession at closing/funding
Original and current list price: $125,000
Taxes and legal description available; parcel numbers on file
Directions available: On I-35 Frontage Road, turn right onto S M.L.K. Jr Blvd, left onto Orchard Ln, left onto Spring Street
Electricity and solar
View estimated energy costs and solar savings for this home
Come check out this corner vacant lot with many potential uses! With M-2 zoning, this property provides endless potential, whether you're looking to build new construction or pursue a wide range of commercial or industrial opportunities. Situated in a prime location near downtown Waco, McLane Stadium, multiple parks, and major roadways, this lot provides both convenience and visibility. Don’t miss out on the chance to invest in this versatile property - schedule your private showing today! Also offered as part of package deal MLS#21155848 with 702 Spring St, Waco, TX 76704 MLS#21155832.
NTREIS #20989121
Jan 3, 2026
Listing Removed
—
Oct 5, 2025
Price Changed
$75,000
Jul 3, 2025
Listed
$95,000
NTREIS #20989141
Jan 3, 2026
Listing Removed
—
Oct 5, 2025
Price Changed
$150,000
Aug 12, 2025
Price Changed
$160,000
Jul 3, 2025
Listed
$180,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
50 ft.
Lot depth
160 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
McLennan County
APN
188123
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 11, 2025.
M-2
CU2
IMAGINE WACO
Light Industrial District
The M-2 light industrial district is intended to provide for a wide variety of nuisance-free industrial uses and compatible related uses. The area, height, yard and other site requirements are designed to maintain long-term quality and economic vitality of development, and to encourage a compatible relationship with adjacent uses.
Zone overlays
College and University
Imagine Waco
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Senior
Manufacturing
Processing
Self-Storage / mini-Storage
Warehouse
Infrastructure
Office
Research & development
Historical weather
Waco, TX • 76704
Average low and high temperatures (°F)
57
37
68
45
80
55
80
62
85
65
92
75
92
75
97
76
91
69
88
62
75
53
66
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 700 & 702 Spring St
$108,453
$17K under list price of $125K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $325K.