Office Suites with Covered Rear
For Lease
$3,774/Mo
720 Lake Air Drive, Waco, TX 76710
COMMERCIAL - Waco, TX
Space Size2,000 SF
Lot Size0.16 Acres
Days on Market224
Property Features for 720 Lake Air Drive
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
C-3: General Commercial
Parking features
Carport
Subdivision
Westminster
Directions
Turn NorthWest onto Lake Air from Waco Dr. The Building will be on your left side, roughly a mile down the road.
Standard status
Active
APN
196893
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
kitchenette
Building Details
Year built
1966
Floors in Building
1
Number of units
1
Flooring type
Combination
Building materials
Brick
Roof type
Composition
Listing Agency:
Keller Williams Realty, Waco
(254) 751-7900
Listed By:
Brad Harrell · License #363789
(254) 717-9306
Added: Jan 21
Changed: Aug 4
Last Checked: Sep 2 at 6:06PM
MLS# 21142870
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.
Investment Insights
Based on property information with market context.
Well-appointed office space of approximately 2,000 SF at 720 Lake Air Drive, positioned in Waco’s established Lake Air commercial corridor. The building offers multiple office suites configured for flexible use, along with an on-site kitchenette and covered rear parking. The property is brick construction with central heating and central air, combination flooring, and a composition roof.
Visibility and access are major advantages. The property has 50-foot frontage on Lake Air Drive, where more than 15,700 vehicles per day pass. It is located in a commercially oriented area with C-3 General Commercial zoning, and the site is served by connected public utilities including public water and public sewer. The 0.16-acre site is not located in any FEMA flood zone.
The space is described as turn-key and move-in ready for professional services and similar business uses within an established retail and office environment.
Visibility and access are major advantages. The property has 50-foot frontage on Lake Air Drive, where more than 15,700 vehicles per day pass. It is located in a commercially oriented area with C-3 General Commercial zoning, and the site is served by connected public utilities including public water and public sewer. The 0.16-acre site is not located in any FEMA flood zone.
The space is described as turn-key and move-in ready for professional services and similar business uses within an established retail and office environment.
Key Highlights
- Approximately 2,000 SF of well‑appointed office space at 720 Lake Air Drive
- Over 15,700 vehicles per day passing Lake Air Drive with prominent 50‑foot frontage
- C‑3 General Commercial zoning
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
Explore this area
Business Placement
Demographics for 76710, TX
24,874
Population
12,391
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,675
Density / Sq Mi
$53,304
Median Household Income
$36,425
Median Earnings
$1,098
Median Rent
$229,000
Median Home Value
Market
Lease Benchmarks for Waco, TX
$13.8 /SF/Yr
Avg Asking Price
$7.11–$22.46 /SF/Yr
Price Range
6,709 SF
Avg Space Size
This space is priced 64% above the average of $13.8 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suites with C-3 General Commercial zoning, central HVAC, and covered rear parking at 720 Lake Air Drive in Waco.
Where is this office units located?
The property is located at 720 Lake Air Drive Waco, TX.
What is the lease rate?
The lease rate is $3,774/Mo.
What are key features of this property?
This property features: Approximately 2,000 SF of well‑appointed office space at 720 Lake Air Drive; Over 15,700 vehicles per day passing Lake Air Drive with prominent 50‑foot frontage; C‑3 General Commercial zoning
