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Property profile

5500 Franklin Ave Waco, TX 76710

FOR SALE
Commercial real estate
Property ID
US82-2365012
13,900 SF 0.59 ac lot Built 1987
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
5500 Franklin Ave, Waco, TX 76710 For Sale
$1,325,000 13,900 SF
5500 Franklin Ave, Waco, TX 76710
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Property summary

AI-generated overview

This exceptional commercial property, located at 5500 Franklin Avenue in Waco, Texas, presents a unique investment opportunity. The 15,000 square foot building, constructed in 1987 using tilt-wall construction, sits on a 25,700 square foot lot and is zoned M-2. Currently generating instant rental income from existing tenants, this property boasts high traffic counts due to its prime location at a major intersection and commuting corridor. The building enjoys excellent visibility, making it…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$575k
Assessed land$77k
Assessed improvement$498k
Effective rate2.24%

Value estimate

· Oct 2026
$415k
$374k – $457k
AI approach$415k
NOI build-up
Gross scheduled income$279k
Vacancy & credit loss−$29k
Operating expenses−$75k
NOI · 13.19% cap applied$175k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
13.19%
$175k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-2
The M-2 light industrial district is intended to provide for a wide variety of nuisance-free industrial uses and compatible related uses
General categoryINDUSTRIAL
JurisdictionMCLENNAN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.9
Pharmacy11.6
Dental Office11.2

Location

5500 Franklin Ave Waco, TX 76710
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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