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    4201 Franklin Ave Waco, TX 76710

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    For Sale
    Contact for pricing

    Prime 2.168-acre C-3 zoned land. High traffic count.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 2.168-acre parcel, located at 4201 Franklin Ave in Waco, Texas (McLennan County, zip code 76710), presents a remarkable opportunity for restaurant development. Situated at the intersection of Franklin Avenue and Valley Mills Drive, this property boasts a high traffic count, making it an ideal location for a thriving food service establishment. The land is classified as agricultural, with a "Other" subtype, and is zoned C-3, ensuring suitability for commercial development. The property's precise coordinates are 31.527578754919414 latitude and -97.16530705162609 longitude. This location offers excellent visibility and accessibility, promising strong potential for attracting a large customer base. The site's size provides ample space for building construction, parking, and any necessary outdoor amenities. This is a rare opportunity to acquire a prime restaurant pad site in a high-traffic area of Waco. Don't miss out on this chance to establish a successful business in a vibrant and growing community.

    Property Features for 4201 Franklin Ave

    General Information

    Property type
    Farms
    Lot Size
    94,438 SF

    HighLights

    • 2.168‑acre land parcel in Waco, TX.
    • Located at 4201 Franklin Ave, Waco, TX 76710.
    • Ideal restaurant pad site.
    • High traffic count location.
    • C‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Americas Best Value ... Hotel

    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
    -97.165307051626
    Latitude
    31.527578754919

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    FAQs

    What type of property is this?
    Farm - Prime 2.168-acre C-3 zoned land. High traffic count.
    Where is this farm located?
    The property is located at 4201 Franklin Ave Waco, TX.
    What are key features of this property?
    This property features: 2.168-acre land parcel in Waco, TX.; Located at 4201 Franklin Ave, Waco, TX 76710.; Ideal restaurant pad site.
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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
    4201 Franklin Ave Waco, TX 76710
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