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    1512 Lake Air Dr Waco, TX 76710

    For Lease
    $23 SF/Yr

    Prime Waco Office Space, Single Tenant

    Lot size:
    1,417 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,417 square foot office building is ideally situated in Waco, Texas, at 1512 Lake Air Dr, 76710. The single-tenant property offers a convenient location just one block from the intersection of Lake Air Drive and Bosque Boulevard, providing easy access to a wealth of amenities including shopping, restaurants, and other businesses. The building boasts ample parking both in front and in the rear, ensuring convenient access for clients and employees. The interior features updated shared common areas, creating a professional and welcoming atmosphere. Individual suites are easily accessible, and leases include utilities, maintenance, and standard janitorial services, minimizing operational overhead for tenants. The building currently houses a diverse range of professional tenants, including financial services, real estate, mortgage lending, and title insurance companies, reflecting its suitability for a variety of professional uses. This attractive and economical office building presents a unique opportunity for a business seeking a quiet, well-maintained, and conveniently located space in a thriving Waco commercial district. The property's central location and comprehensive lease terms make it an exceptional investment opportunity.

    Property Features for 1512 Lake Air Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,417 SF

    Unit(s) available at that property

    Space
    Size
    1,417 SF
    Rate per SF
    $23

    HighLights

    • 1,417 SF office building in Waco, TX at 1512 Lake Air Dr.
    • One block from Lake Air Dr. and Bosque Blvd., offering easy access to amenities.
    • Ample front and rear parking.
    • Updated shared common areas.
    • Leases include utilities, maintenance, and janitorial services.
    • Suitable for various professional uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John Strawser-CENTURY 21, ... Real Estate Agent Lehigh Cement Co Ready Mix Concrete Supplier Jamaine Lopez, ERA ... Real Estate Agent Custom IT Solutions Computer Repair Service First Community Mortgage Mortgage Lender

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.188147441384
    Latitude
    31.536426565231

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    FAQs

    What type of property is this?
    Land - Prime Waco Office Space, Single Tenant
    Where is this land located?
    The property is located at 1512 Lake Air Dr Waco, TX.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 1,417 SF office building in Waco, TX at 1512 Lake Air Dr.; One block from Lake Air Dr. and Bosque Blvd., offering easy access to amenities.; Ample front and rear parking.
    Request Owner's contact information
    1512 Lake Air Dr Waco, TX 76710
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    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
    1512 Lake Air Dr Waco, TX 76710
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