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Retail Storefront with Grade-Level Doors
New
For Sale
$1,325,000

5500 Franklin Avenue, Waco, TX 76710

CommercialSale, Waco, TX

Property Size15,000 SF
Lot Size0.59 Acres
Price / SF$88.33
Days on Market1

Property Features for 5500 Franklin Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description M-2
Parking features Parking Lot
Subdivision Schroeder Indust
Directions Use GPS
Standard status Active
APN 480370010007038
Lot size 0.59 Acres

Taxes and HOA fees

Tax Description SCHROEDER INDUSTRIAL LOT 3 BLOCK 3 ACRES .59
Tax Annual Amount 11106
Legal Description SCHROEDER INDUSTRIAL LOT 3 BLOCK 3 ACRES .59

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

6 offices
kitchenette
5 ADA compliant bathrooms
two 12 foot grade level roll up doors

Building Details

Year built 1987
Floors in Building 2
Number of units 1
Flooring type Combination
Building materials Frame, Rock, Stone
Listing Agency: Kelly, Realtors
Listed By: Nathan Embry · License #668380
Added: Sep 22 Last Checked: Sep 22 at 9:06PM
MLS# 21393216

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 retail storefront offers a flexible commercial configuration with 6 offices, a kitchenette, and 5 ADA-compliant bathrooms. Two 12-foot grade-level roll-up doors expand the building’s functional range for receiving, storage, or other supported operations. The property was built in 1987 and includes frame, rock, and stone construction, combination flooring, central heating, and central air conditioning.

Situated on a 0.59-acre parcel along Franklin Avenue, the building provides frontage on a busy commuter corridor with access to nearby major retailers. A parking lot serves the property, while public water and public sewer are in place. The combination of customer-facing retail space, office areas, service access, and on-site parking creates a practical layout for a range of commercial uses.

Key Highlights

  • 0.59‑acre retail property on Franklin Avenue
  • 6 offices, a kitchenette, and 5 ADA‑compliant bathrooms
  • Two 12‑foot grade‑level roll‑up doors

Property Analytics

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Current Use

ASAP Septic Services Plumbing Service Out House (Bike/Boat/Book/etc) Store Medicare Insurance Waco Health Counselor

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Dental Office Grocery & Convenience Store Barber Shop Food Market

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

901
Businesses Nearby
294k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 34% Shops & Services 21% Apparel 19% Home Improvements & Furnishings 18%
Dillard's Apparel
55,730 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
51,358 visits/mo 0.2 miles
Olive Garden Dining
29,651 visits/mo 0.4 miles
Whataburger Dining
29,500 visits/mo 0.4 miles
Barnes & Noble Shops & Services
25,270 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

  • Paul Farney 501 Lake Air Dr, Waco, TX 76710

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial layout with office space, ADA-compliant restrooms, parking, and access along Franklin Avenue.
Where is this storefront property located?
The property is located at 5500 Franklin Avenue Waco, TX.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 0.59‑acre retail property on Franklin Avenue; 6 offices, a kitchenette, and 5 ADA‑compliant bathrooms; Two 12‑foot grade‑level roll‑up doors
More about this property
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