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Property profile & analytics

2115 Franklin Ave Waco, TX 76701-1632

  • Commercial real estate
  • 4,782 SF
  • 0.38 lot acres
OFF-MARKET
Last Sale
Sep 22, 2020
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US83-3038776
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 2115 Franklin Ave

Year built
1960
Construction
CONCRETE BLOCKS
Lot size
0.38 lot acres
Property size
4,782 SF
Zone code
M1
Property type
Commercial real estate
APN
480214000026001
APU
480214000026001

Description

This exceptional 4,782 square foot commercial property, located at 2115 Franklin Avenue in Waco, Texas, presents a unique investment opportunity. Situated on a generous 0.38-acre lot, this C-3 zoned property boasts high visibility and high traffic, making it ideal for a variety of business ventures. Previously used as an auto service garage, the building offers versatile space adaptable to numerous uses. The layout includes front retail space, an office, and a full bathroom with a shower. Three separate overhead doors provide ample access, perfect for continued use as a garage or as creative entry points for a restaurant, event space, or specialty market. The expansive space could also be easily developed into multiple units to accommodate several tenants. Ample paved parking is available, catering to both single and multi-tenant occupancy needs. This property's prime location and flexible design offer significant potential for a savvy investor seeking a high-return investment in a thriving Waco commercial district. The substantial size of the lot and building provide ample room for expansion or customization to suit specific business requirements. Don't miss this chance to acquire a versatile and well-positioned commercial property in a desirable area. Priced at $449,000.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Waco
County
Mclennan
State
Texas
Longitude
-97.1463
Latitude
31.5428
CBSA code
47380
CBSA name
WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,453
$81,680
$72,340
$154,020
-
$81,680
$72,340
$154,020
More about this property
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