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Property profile & analytics

5500 Franklin Ave Waco, TX 76710-6935

  • Commercial real estate
  • 13,900 SF
  • 0.59 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-2365012
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

  • ASAP Septic Services / Plumbing Service
  • Out House / (Bike/Boat/Book/etc) Store
  • Medicare Insurance Waco / Health Counselor

Property Details for 5500 Franklin Ave

Year built
1987
Construction
STEEL FRAME
Lot size
0.59 lot acres
Property size
13,900 SF
Zone code
M-2
Property type
Commercial real estate
APN
480370010007038
APU
480370010007038

Description

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 an ideal location for a variety of retail businesses. The property's strategic placement just past the Waco Drive and Franklin Avenue split in McLennan County, Texas (zip code 76710) ensures significant exposure to a large customer base. This offering includes both the real estate and the established "Out" House business, a Waco staple in archery sporting goods and ranges. The property's strong existing tenant base and high-traffic location make it a compelling investment prospect with significant potential for future growth and profitability. The property's size and zoning provide flexibility for a range of commercial uses. This is a rare opportunity to acquire a well-established, high-visibility retail property in a thriving Texas market.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Waco
County
Mclennan
State
Texas
Longitude
-97.1808
Latitude
31.516
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
$12,891
$77,100
$497,900
$575,000
-
$77,100
$497,900
$575,000
More about this property
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