Office Units with Covered
For Lease
$3,774/Mo
720 Lake Air Drive, Waco, TX 76710
CommercialLease, Waco, TX
Space Size2,000 SF
Lot Size0.16 Acres
Days on Market230
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
on-site kitchenette
covered rear parking
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: Sep 7
Last Checked: Sep 8 at 2:06AM
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.
This office property at 720 Lake Air Drive provides approximately 2,000 SF within a 1966 brick building. The layout includes multiple office suites, an on-site kitchenette, combination flooring, central heating and central air, and covered rear parking. Public water and public sewer serve the property, while the composition roof supports the existing improvements.
The 0.16-acre site carries C-3 General Commercial zoning and offers 50 feet of frontage along Lake Air Drive. Reported traffic exceeds 15,700 vehicles per day, placing the property within an established commercial corridor in Waco. The site is outside any FEMA flood zone and has connected utilities in place.
The 0.16-acre site carries C-3 General Commercial zoning and offers 50 feet of frontage along Lake Air Drive. Reported traffic exceeds 15,700 vehicles per day, placing the property within an established commercial corridor in Waco. The site is outside any FEMA flood zone and has connected utilities in place.
Key Highlights
- Approximately 2,000 SF of office space in a 1966 brick building
- C‑3 General Commercial zoning on a 0.16‑acre site
- 50 feet of frontage on Lake Air Drive
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
$12.56 /SF/Yr
Avg Asking Price
$7.11–$17.35 /SF/Yr
Price Range
7,400 SF
Avg Space Size
This space is priced 80% above the average of $12.56 /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 - Established office setting with kitchenette, connected utilities, and covered rear parking.
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 office space in a 1966 brick building; C‑3 General Commercial zoning on a 0.16‑acre site; 50 feet of frontage on Lake Air Drive
