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Property profile & analytics

1201 Lake Air Dr Waco, TX 76710

  • Commercial real estate
  • 6,300 SF
  • 0.51 lot acres
Value Estimation
$405,000
Location Intelligence
Property ID
US82-1548630
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Farmers Insurance - Jason Kirk / Auto Insurance Agency / Home Insurance Agency
  • Kodou African Hair Braiding / Beauty Salon
  • Heaven's Gifted Hands Of Massage Therapy / Massage Therapist
  • World Finance / Loan Agency / Tax Preparation
  • Rodtech Solutions / Telecommunications Service Provider

Property Details for 1201 Lake Air Dr

Year built
1977
Construction
CONCRETE BLOCKS
Lot size
0.51 lot acres
Property size
6,300 SF
Zone code
O-2
Property type
Commercial real estate
APN
480096010011010
APU
480096010011010

Description

This exceptional 1,771 square foot commercial property, located at 1201 Lake Air Drive in Waco, Texas, presents a unique investment opportunity. Situated in the O-2 zoning district, this single-tenant building is ideal for a variety of uses, including retail, office, or restaurant establishments. The property boasts a single story, offering convenient access and ample space. Recently renovated in 2024, the building is in excellent condition and ready for immediate occupancy. The building's prime location on a busy Waco thoroughfare connecting Bosque Blvd to N. Valley Mills and Waco Drive/Franklin ensures high visibility and accessibility for customers. The O-2 zoning is designed to support businesses serving local needs, promoting convenient access for both vehicles and pedestrians, and minimizing traffic congestion. This strategic location offers significant potential for growth and profitability. The property features a total of 1,771 square feet of space, spread across a single suite within a single building. Its Class B designation reflects its well-maintained condition and attractive features. The zip code is 76710. This property is an excellent choice for businesses seeking a high-traffic location in a thriving Waco community. The property's recent renovation ensures modern amenities and a move-in ready condition. This is a rare opportunity to acquire a well-located, updated commercial space in a desirable area of Waco.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Waco
County
Mclennan
State
Texas
Longitude
-97.1858
Latitude
31.5327
CBSA code
47380
CBSA name
WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,268
$225,740
$276,885
$502,625
-
$225,740
$276,885
$502,625
More about this property
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