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    720 Lake Air Dr Waco, TX 76710

    Sponsored
    For Lease
    $18 SF/Yr ($10,454 /Mo)

    Office - Waco, TX

    Type:Office
    Lot size:
    0.16 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 7 at 10:06 am

    Property Features for 720 Lake Air Dr

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    APN
    196893
    Parking features
    Carport
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1966
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Global Realty Partners LLC (254) 717-9306 [email protected]

    Listing agent Brad Harrell (254) 751-7900 License #0363789

    Listing date Jan 5, 2026

    MLS# 21142870 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Visibility Office Space in Waco

    Located at 720 Lake Air Drive in Waco's Lake Air commercial district, this office space offers approximately 2,000 SF of well-appointed space. The property benefits from high visibility with over 15,700 vehicles per day passing the location. The property has C-3 General Commercial zoning. The surrounding area has a median household income of $66,384 and a predominantly white-collar workforce (60.3%). The building features multiple office suites configured for flexible use, an on-site kitchenette, and covered rear parking. It has a 50-foot frontage on Lake Air Drive. The 0.16-acre site is not located in any FEMA flood zone. It is ideal for professional services, medical offices, insurance agencies, and similar businesses seeking accessible office space in an established commercial corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Blake Harrell - State ... Insurance Agency

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.18737
    Latitude
    31.52716

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    FAQs

    What type of property is this?
    Office space - Move-in ready office space in established commercial corridor.
    Where is this office space located?
    The property is located at 720 Lake Air Dr Waco, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Lake Air Drive with over 15,700 vehicles per day, providing maximum business exposure.; - Move-in ready office space with multiple suites, kitchenette, and covered rear parking.; - Excellent visibility with a prominent 50-foot frontage on Lake Air Drive.
    (254) 717-9306
    Request Owner's contact information
    720 Lake Air Dr Waco, TX 76710
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    720 Lake Air Dr Waco, TX 76710
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