5500 Franklin Ave Waco, TX 76710-6935
- Commercial real estate
- 13,900 SF
- 0.59 lot acres
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
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
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