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    3022 Franklin Ave Waco, TX 76710

    For Lease
    $4 SF/Yr

    Versatile Waco industrial space, multiple tenants.

    Lot size:
    228,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 228,000 square foot multi-use industrial property, located at 3022 Franklin Ave, Waco, TX 76710, presents a unique investment opportunity. Situated on a generous 8.08-acre lot, this property offers a diverse range of uses, including executive office space, manufacturing, warehouse, and distribution capabilities. Built in 1956, the building boasts impressive ceiling heights ranging from 14 to 18 feet, providing ample vertical space for various operational needs. The property is currently configured for multiple tenants, with a minimum divisible space of 8,195 square feet and a maximum contiguous space of 97,094 square feet, offering flexibility for businesses of varying sizes. Eight loading docks ensure efficient and seamless handling of goods, making this an ideal location for logistics and distribution operations. The property's location in Waco, Texas, provides convenient access to major transportation routes, further enhancing its logistical advantages. The listed rate includes existing utility expenses. This property is an excellent choice for businesses seeking a versatile and well-equipped industrial space in a prime Waco location. Contact us today to learn more about this exceptional opportunity.

    Property Features for 3022 Franklin Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    228,000 SF
    Total Rate
    79800

    Building Details

    Year Built
    1956

    Unit(s) available at that property

    Space
    3100 Franklin - Unit J
    Size
    21,074 SF
    Rate per SF
    $4
    Space
    3100 Franklin - Unit H
    Size
    9,506 SF
    Rate per SF
    $4
    Space
    3100 Franklin - Unit F
    Size
    8,195 SF
    Rate per SF
    $4
    Space
    3100 Franklin - Unit G
    Size
    12,944 SF
    Rate per SF
    $4
    Space
    3022 Franklin - Unit A
    Size
    14,505 SF
    Rate per SF
    $4
    Space
    3100 Franklin - Unit I
    Size
    10,342 SF
    Rate per SF
    $4
    Space
    3100 Franklin - Unit D
    Size
    10,831 SF
    Rate per SF
    $4
    Space
    3100 Franklin - Unit C
    Size
    9,697 SF
    Rate per SF
    $4

    HighLights

    • Available space: 8,195 - 97,094 SF
    • Rental rate: $4.20/SF/YR, NNN
    • Lease term: Negotiable
    • Partial sprinkler system
    • Multiple loading docks
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jobe's Company Corporate Office Easy Gardner Warehouse

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.1539075
    Latitude
    31.5341317

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    FAQs

    What type of property is this?
    Distribution property - Versatile Waco industrial space, multiple tenants.
    Where is this distribution property located?
    The property is located at 3022 Franklin Ave Waco, TX.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: Available space: 8,195 - 97,094 SF; Rental rate: $4.20/SF/YR, NNN; Lease term: Negotiable
    Request Owner's contact information
    3022 Franklin Ave 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
    3022 Franklin Ave Waco, TX 76710
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