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    308 Franklin St Anthony, TX 79821

    For Sale
    $279,900

    COMMERCIAL - Anthony, TX

    Lot size:
    0.50 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 308 Franklin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1
    APN
    L08000000210002
    Fireplace
    1
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Floors in Building
    1
    Building materials
    Adobe

    Realty ONE Group Mendez Burk (915) 231-1225 [email protected]

    Listing agent Victor M Vazquez (915) 584-7679

    Listing date Nov 7, 2025

    Copyright © 2025 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot with Income Potential

    This commercial lot, located in Anthony, TX, offers potential for various development opportunities. The property is zoned C1, suitable for a Neighborhood Shopping Center, Strip Center/Mall, Apartments, or Mixed-Use development. Situated on a corner lot at the intersection of Franklin & 4th and Jefferson & 4th, the total lot size measures 22,100 square feet, or approximately half an acre, according to a recent survey. The lot has two addresses: 308 & 312 Franklin. The corner at 4th St., addressed as 312 Franklin, is currently rented to a self-service water distributor for approximately $600 per month; this business is not included in the sale. The property at 308 Franklin features a 1,476 square foot duplex. Side A of the duplex is rented to a jeweler for approximately $500 per month; this business is also not included in the sale. Side B is a vacant 1-bedroom apartment with Sentri Lockbox access. The property is located within an Enterprise Zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anthony
    County
    El Paso
    State
    Texas
    Longitude
    -106.603011
    Latitude
    31.998812

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    FAQs

    What type of property is this?
    Commercial land - Half-acre commercial lot with rental income in Anthony, TX.
    Where is this commercial land located?
    The property is located at 308 Franklin St Anthony, TX.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: - Prime commercial lot with **two corner locations** (Franklin & 4th, Jefferson & 4th).; - Existing rental income from two tenants (Water Mill and Jeweler) totaling approximately $1100/month.; - Located in an Enterprise Zone.
    (915) 584-7679
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    308 Franklin St Anthony, TX 79821
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    Anthony, TX 79821
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 Franklin St Anthony, TX 79821
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