Courtesy: Ranch Roads Realty
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.
Iconic community symbol in historic downtown with nearly 4500 sf of mixed use residential and retail space. Only 15 minutes from Baylor University and downtown Waco, right off of I-35 - visitors and locals alike are looking for a new neighbor and business owner. Once home to a nationally recognized lighting restoration craftsman and retailer, this 2900 sf of retail or office space is paired with a 1600 sf 2 bedroom, 2 bathroom owner's quarters or future rental space - making multiple income opportunities possible. The large backyard and pool area could stay a hidden oasis, or provide outdoor space for whatever you may have in mind!
Courtesy: Camille Johnson
Iconic community symbol in historic downtown with nearly 4500 sf of mixed use residential and retail space. Only 15 minutes from Baylor University and downtown Waco, right off of I-35 - visitors and locals alike are looking for a new neighbor and business owner. Once home to a nationally recognized lighting restoration craftsman and retailer, this 2900 sf of retail, restaurant or office space is paired with a 1600 sf 2 bedroom, 2 bathroom owner's quarters or future rental space - making multiple income opportunities possible. The large backyard and pool area could stay a hidden oasis, or provide outdoor business space for whatever you may have in mind!
Great opportunity in historic Downtown Lorena! Bring your ideas to this property full of opportunities, over 8,000 sq ft with 5 different entities to work on including retail and business space. With easy access to and from I-35, this property ran a successful local business for 60 years, the town is growing and in need of more businesses.
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| This information is provided by the Central Texas Multiple Listing Service, Inc., and is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Four Rivers Association of Realtors/Central Texas MLS. All rights reserved. |
Lorena is located in Texas. Lorena, Texas has a population of 1,931. Lorena is more family-centric than the surrounding county with 40% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Lorena, Texas is $93,750. The median household income for the surrounding county is $53,723 compared to the national median of $69,021. The median age of people living in Lorena is 32.9 years.
The average high temperature in July is 95.4 degrees, with an average low temperature in January of 35.1 degrees. The average rainfall is approximately 36.5 inches per year, with 0.1 inches of snow per year.
