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    2905 Franklin Ave Waco, TX 76710

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    For Sale
    $499,000

    Versatile commercial property in high-traffic area, ideal for various ventures.

    Lot size:
    0.70 Acres

    Property Features for 2905 Franklin Ave

    General Information

    Lot size
    0.70 Acres

    Building Details

    Year built
    1967

    Source: Coldwell Banker Apex, REALTORS Agent Brandon Davis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Property Near Downtown

    This commercial property is located near downtown Waco, in the Castle Heights area. The property benefits from high traffic, visibility, and access. It has an established reputation as a car lot. The property is suitable for retail, office, or automotive businesses. An additional adjacent property may also be available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.153663
    Latitude
    31.5362675

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    FAQs

    What type of property is this?
    Car wash - Versatile commercial property in high-traffic area, ideal for various ventures.
    Where is this car wash located?
    The property is located at 2905 Franklin Ave Waco, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Prime commercial property in a high-traffic location near downtown Waco.; - Versatile space suitable for retail, office, or automotive businesses.; - Established reputation as a car lot.
    Request Owner's contact information
    2905 Franklin Ave Waco, TX 76710
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    Waco, TX 76710
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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
    2905 Franklin Ave Waco, TX 76710
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