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Land For Sale • 3.85 AC
This offering presents the opportunity to acquire the development site and secured Hilton franchise rights for the development of a dual-brand Home2 Suites/Tru by Hilton hotel project. The site benefits from excellent visibility just off U.S. Highway 84 within the affluent Woodway submarket and is steps from the retail and dining options along the Colonnade Parkway corridor. The property is strategically positioned near major corporate demand generators, including L3Harris Technologies, SpaceX McGregor, Caterpillar, Baylor University, and leading regional healthcare facilities. Additionally, the site is conveniently located near local attractions, just minutes from Magnolia Market at the Silos, the Baylor University Sports Complex, and the Downtown Warehouse District, supporting a well-balanced mix of corporate and leisure demand.
| Highly visible site just off U.S. Highway 84 in the affuent Woodway submarket |
| Steps from retail and dining along the Colonnade Parkway commercial corridor |
| Near key corporate demand generators, such as L3Harris, SpaceX McGregor, Caterpillar, Baylor University, and major regional hospitals |
| Proximate to local attractions and minutes from Magnolia Market at the Silos, the Baylor Sports Complex, and the Downtown Warehouse District |
| The 159-key dual-brand format enables shared sta ng, laundry, maintenance, and management, reducing per-key operating costs and enhancing NOI. |
| The dual-brand model with diversified revenue streams is increasingly favored by institutional investors. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Waco Regional | 24 min | - | 11.1 mi |
Eric Guerrero
HVS
Eric Guerrero
HVS
