Multi-Suite Office
5207 Lake Shore Dr Waco, TX 76710
For Sale
Contact for pricing
Multi-suite office property with drive-up access, a reception area, conference space, and 17 individual suites.
Property Size4,536 SF
Price / SF$175.26
Days on Market275
Property Features for 5207 Lake Shore Dr
General Information
- Standard status
- Active
- Size
- 4,536 SF
- Property subtype
- OFFICE
Listing Agency:
Cromwell Commercial Group
(254) 644-1838
Listed By:
Raynor Campbell
(254) 644-1838
Source:
Moodyscre
Added: Oct 24, 2025
Changed: Jul 23
Last Checked: Jul 23 at 11:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cromwell Commercial Group
Investment Insights
Based on property information with market context.
This multi-suite office building includes drive-up access and an entrance reception area. Interior amenities consist of a breakroom and a conference room, along with three restrooms serving the suite layout. The property is configured with 17 individual suites, providing multiple separate office spaces within one building.
The building is located at 5207 Lake Shore Dr in Waco, Texas 76710. Drive-up access supports convenient arrival for occupants and visitors.
With its suite-based configuration and shared common areas for reception, breakroom, and conferencing, the property is set up to accommodate multiple office tenants under one roof.
The building is located at 5207 Lake Shore Dr in Waco, Texas 76710. Drive-up access supports convenient arrival for occupants and visitors.
With its suite-based configuration and shared common areas for reception, breakroom, and conferencing, the property is set up to accommodate multiple office tenants under one roof.
Key Highlights
- Drive‑up access for convenient arrival and unloading
- Reception area available at the entrance
- Breakroom and conference room for in‑office meetings and staff use
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.7k | $22.20 |
| − Vacancy | −$16.6k | −$3.66 |
| EGI | $84.1k | $18.54 |
| − OpEx | −$21.0k | −$4.63 |
| NOI | $63.1k | $13.90 |
4,536 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$900.9K
$788.3K – $1.05M
NOI $63,063 @ 7.0% cap · market cap 7.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,771 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Burgett Law Firm, ...
Law Firm
The Center For Children and Families
Medical Clinic
Laura Wright
Physician
Ashley Cargile
Practitioner Service Location
Sharon K. Cunningham, ...
Counselor
FAQs
What type of property is this?
Office units - Multi-suite office property with drive-up access, a reception area, conference space, and 17 individual suites.
Where is this office units located?
The property is located at 5207 Lake Shore Dr Waco, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Drive‑up access for convenient arrival and unloading; Reception area available at the entrance; Breakroom and conference room for in‑office meetings and staff use
