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Commercial Land with Covered Improvements
New
For Sale
$385,000

2020 Franklin Avenue, Waco, TX 76701

CommercialSale, Waco, TX

Property SizeContact for details
Lot Size0.54 Acres
Days on Market4

Property Features for 2020 Franklin Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C-3
Parking features Carport, Off Street, Covered, Secured, Gated, Parking Lot, Open, Garage
Subdivision Glenwood
Directions Heading North on Franklin Avenue, property is on your Right. Use GPS
Standard status Active
APN 480200000057017
Lot size 0.54 Acres

Taxes and HOA fees

Tax Description GLENWOOD LOT 12 13 14 & 1B (ALLEY) BLOCK 10 A
Tax Annual Amount 5621
Legal Description GLENWOOD LOT 12 13 14 & 1B (ALLEY) BLOCK 10 A

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Window Unit(s), Electric, Central Air
Water source Public

Building Details

Year built 2024
Floors in Building 1
Number of units 1
Flooring type Laminate
Building materials MetalSiding, WoodSiding
Roof type Metal
Listing Agency: Texas Luxury and Land
Listed By: Lana Honey · License #0755891
Added: Sep 4 Changed: Sep 5 Last Checked: Sep 7 at 4:06PM
MLS# 21377646

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This C-3 General Commercial property occupies approximately 0.539 acres, with a 23,474+/- SF site and approximately 18,952+/- SF of gross covered area. The improvements include metal and wood siding, laminate flooring, metal roofing, and a combination of central and window-unit cooling. Heating is provided by central and electric systems. The site also includes paved areas and multiple parking configurations, including covered, gated, secured, garage, carport, and open parking.

Located at 2020 Franklin Avenue in Waco, the property sits at the corner of Franklin Avenue and 21st Street. Public water and public sewer serve the site. The property was formerly utilized as a car lot and is identified for commercial, redevelopment, retail, and automotive-related applications in the source information.

Key Highlights

  • C‑3 General Commercial zoning
  • Approximately 18,952+/- SF of gross covered area
  • 0.539 acres with a 23,474+/- SF site

Property Analytics

Current Use

Car Barn Car Dealership

Suggested Use

Top Pick Dental Office Pharmacy Big Box & Wholesale Store Real Estate Agency HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 68% Groceries 17% Dining 15%
Sunoco Shops & Services
14,873 visits/mo 0.3 miles
7-Eleven Shops & Services
10,291 visits/mo 0.3 miles
La Michoacana Meat Market Groceries
9,759 visits/mo 0.3 miles
Shipley Do-Nuts Dining
8,898 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
5,681 visits/mo 0.2 miles

Demographics for 76701, TX

1,674
Population
1,029
Households
1.6
Avg Household Size
29
Median Age
32%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,522
Density / Sq Mi
$24,593
Median Household Income
$21,897
Median Earnings
$1,008
Median Rent

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - C-3 General Commercial zoning accompanies a corner site with paved areas and covered space.
Where is this commercial land located?
The property is located at 2020 Franklin Avenue Waco, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: C‑3 General Commercial zoning; Approximately 18,952+/- SF of gross covered area; 0.539 acres with a 23,474+/- SF site
More about this property
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