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H&A Commercial Team – KW Commercial, Central Texas and The Jon Spelman Company would like to announce our newest listing located at 4250 Franklin Avenue.
The 5+ acres or 224,900.28 SF of land sits off of Franklin Avenue, and is located between South Valley Mills Drive and South New Road. This excellent development opportunity is surrounded by restaurants, including Chick-Fil-A, Cheddar's, Raising Cane's Chicken Fingers, Longhorn Steakhouse, McDonald's, and is near three of Waco's busiest major roads. It is also accompanied next to a Wal-Mart Supercenter.
The property is roughly 395' wide with an estimated depth of 895'. The 5+ acres has a driveway directly on Franklin Avenue, making access a breeze. Franklin Avenue has a daily traffic count of around 23,000 vehicles.
The property is zoned M-2: Light Industrial District and C-3: Commercial General, making the area versatile for development.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 7,458 | 75,698 | 143,330 | |
| Population Median Age | 35 | 34 | 35 | |
| Population by Age | 0-9 Yrs | 1112 (14%) | 11096 (14%) | 19639 (13%) |
| 10-19 Yrs | 1062 (14%) | 10836 (14%) | 22195 (15%) | |
| 20-29 Yrs | 1386 (18%) | 16642 (21%) | 29008 (20%) | |
| 30-39 Yrs | 966 (12%) | 9309 (12%) | 17305 (12%) | |
| 40-49 Yrs | 818 (10%) | 7395 (9%) | 13725 (9%) | |
| 50-59 Yrs | 886 (11%) | 7612 (10%) | 14247 (9%) | |
| 60-69 Yrs | 755 (10%) | 6329 (8%) | 13068 (9%) | |
| 70+ Yrs | 473 (6%) | 6479 (8%) | 14143 (9%) | |
| Median HH Income | $39,571 | $38,442 | $41,142 | |
| Total Household Income | < 24K | 797 (28%) | 8905 (32%) | 16751 (31%) |
| 25-49K | 877 (31%) | 8361 (30%) | 14433 (27%) | |
| 50-74K | 515 (18%) | 4565 (16%) | 8402 (15%) | |
| 75-99K | 298 (10%) | 2503 (9%) | 5159 (9%) | |
| 100-199K | 224 (7%) | 2700 (9%) | 6804 (12%) | |
| 200K+ | 91 (3%) | 584 (2%) | 1552 (2%) | |
| Highest Education Level | No Diploma | 1264 | 9931 | 14610 |
| Diploma or GED | 1259 | 12152 | 21519 | |
| Some College | 905 | 9306 | 18688 | |
| Assoc. Degree | 301 | 3478 | 7474 | |
| Bachelors Degree | 579 | 5479 | 12770 | |
| Higher Degree | 325 | 3018 | 7832 | |
| Total Housing Units | 3,187 | 31,242 | 59,529 | |
| --Owner-Occupied | 1,143 | 12,737 | 25,989 | |
| --Renter-Occupied | 1,659 | 14,881 | 27,111 | |
| Owner-Occupied Values | < 100K | 798 | 6954 | 9958 |
| 100-199K | 160 | 3896 | 9775 | |
| 200-299K | 103 | 1172 | 4168 | |
| 300-399K | 18 | 310 | 934 | |
| 400-499K | 40 | 151 | 436 | |
| 500K+ | 24 | 254 | 718 | |
| Total Working Age Population | 5,613 | 58,170 | 112,583 | |
| In Work Force | 3,743 | 36,085 | 67,163 | |
| Not In Work Force | 1,870 | 22,085 | 45,420 | |
| Workforce Employed | 3,604 | 34,398 | 64,010 | |
| Workforce Unemployed | 126 | 1,585 | 3,027 | |
| Civlian Workforce | 3,729 | 35,983 | 67,037 | |
| Military Workforce | 14 | 102 | 126 | |
| Total Households | 2,803 | 27,618 | 53,101 | |
| Family Households | 1,767 | 16,846 | 31,722 | |
| Non-Family Households | 1,036 | 10,772 | 21,378 | |
| Married Couple | 1,103 | 10,184 | 20,149 | |
| Other Family | 664 | 6,662 | 11,573 | |
| Married w/Child | 444 | 4,245 | 7,903 | |
| Single Male w/Child | 60 | 743 | 1,121 | |
| Single Female w/Child | 275 | 3,025 | 5,495 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Texas | 20,851,820 | +21 | 25,145,561 | +18 | 29,677,668 | +18 | 34,894,452 |
| Falls County | 18,576 | -4 | 17,866 | -7 | 16,603 | -6 | 15,663 |
| McLennan County | 213,517 | +10 | 234,906 | +8 | 253,066 | +6 | 269,381 |