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Property profile & analytics
OFF-MARKET Estimated value $720,000
Industrial properties

1500 Franklin Ave Waco, TX 76701-1718

21,396 SF 0.95 ac lot Built 1920
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US82-0274368
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1920
Construction FRAME
Total area 21,396 SF
Lot 0.95 ac (41,338 SF)
Zoning code M-1
APN 480417010001000
UPID US82-0274368
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Trautschold Millwork General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$705k
CAP Approach CAP
by Request
Comparable Approach Comparable
$740k
Blend (final) Blend
$720k
Owner & transaction history
Trautschold Millwork Ltd · 21 yrs held
Trautschold Millwork Ltd
since 2004
7 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
2010
Price N/A
2009
Price N/A
Zoning & alternative use
M-1 · Waco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Office Industrial Flex O-1, O-2, O-3, C-1, C-2, M-1 Mixed Use Flex R-3C, R-3D, R-3E, O-1, O-2, O- 3, C-1, C-2, C-4 on Elm. Ave. only Mixed Use Core R-3D, R-3E, O-2, C-2, C-4 Industrial M-2 Institutional O-2 Open Space R-E Zoning Classifications Single Family Residential R-E, R-1A, R-1B, R-1C Single family residences, churches, schools, public buildings, golf…

Zone name Office And Restricted Industrial District
General category INDUSTRIAL
Zone area 109.70 ac
Source development guide
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