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Office Building with Secure Parking
For Sale
$549,900

2501 Franklin Avenue, Waco, TX 76710

COMMERCIAL - Waco, TX

Property SizeContact for details
Lot Size0.24 Acres
Days on Market43

Property Features for 2501 Franklin Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C-3
Parking features Off Street, Secured
Accessibility Accessible Approach with Ramp
Subdivision Glenwood
Directions Use GPS
Standard status Active
APN 480200000280000
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description GLENWOOD LOT B5 B6 & B7 BLOCK 46 ACRES .2439
Tax Annual Amount 4427
Legal Description GLENWOOD LOT B5 B6 & B7 BLOCK 46 ACRES .2439

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric, Ceiling Fan(s)
Water source Public

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Flooring type Laminate, Carpet, Linoleum, Combination
Building materials Concrete, Stucco
Roof type Flat, Composition, Mixed, Shingle, Synthetic
Listing Agency: Arise Capital Real Estate
Listed By: Reyna Reyes · License #0795198
Added: Jul 18 Changed: Aug 4 Last Checked: Aug 29 at 7:06PM
MLS# 21321923

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.

Office building on a 0.244-acre corner lot on Waco’s Franklin Avenue corridor. The property was formerly home to a David Gonzales Farmers Insurance Agency and includes a reception area opening to a spacious common workspace, two private offices, two restrooms, and an additional waiting area or flex space that can be customized for a range of professional or retail/service uses.

A reinforced concrete room—formerly used as a bank vault—offers secure storage for records, inventory, or valuables. Exterior improvements include fenced and secured off-street parking, suited for protected vehicle storage and equipment security. An accessible approach with a ramp supports ADA access.

Construction materials include concrete and stucco, with carpet, laminate, linoleum, and combination flooring. Heating is central electric, and cooling is provided via central air and ceiling fans. The property includes public water and public sewer connections and was built in 1950.

Key Highlights

  • 0.244‑acre corner lot on Franklin Avenue corridor
  • Reception area, common workspace, two private offices, two restrooms, and flex waiting area
  • Reinforced concrete room formerly used as a bank vault

Property Analytics

Current Use

Farmers Insurance - David ... Insurance Agency

Suggested Use

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

931
Businesses Nearby

Demographics for 76710, TX

24,874
Population
12,391
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,675
Density / Sq Mi
$53,304
Median Household Income
$36,425
Median Earnings
$1,098
Median Rent
$229,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building with reception area, private offices, and fenced, secured off-street parking with an accessible ramp approach.
Where is this office building located?
The property is located at 2501 Franklin Avenue Waco, TX.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 0.244‑acre corner lot on Franklin Avenue corridor; Reception area, common workspace, two private offices, two restrooms, and flex waiting area; Reinforced concrete room formerly used as a bank vault
More about this property
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