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Property profile & analytics

1120 Lake Air Dr Waco, TX 76710

  • Commercial real estate
  • 12,936 SF
  • 1.35 lot acres
Value Estimation
Last Sale
Jan 03, 2022
Location Intelligence
Property ID
US83-0653575
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

  • Bear Braces / Orthodontist
  • Dr. Steven Machicek / Orthodontist
  • Trek Bicycle Waco / Bicycle Shop / Bicycle Repair Shop

Property Details for 1120 Lake Air Dr

Year built
2019
Construction
STEEL FRAME
Lot size
1.35 lot acres
Property size
12,936 SF
Property type
Commercial real estate
APN
480096010048000
APU
480096010048000

Description

This exceptional retail property, located at 1120 Lake Air Drive in McLennan County, presents a prime leasing opportunity for a variety of businesses. Built in 2019, the building boasts a total of 12,936 square feet, with 5,500 square feet currently available as shell space. This adaptable space is ideal for retail, office, or medical uses and can be divided to accommodate specific tenant needs. The property features a modern and attractive design, abundant natural light, and a spacious, versatile floor plan creating a professional atmosphere. Convenience is key with ample pull-up parking directly in front of the building, ensuring easy access for customers and employees. Situated within a vibrant retail corridor, this location guarantees maximum visibility and exposure to a high volume of traffic. The property offers competitive rental rates and a significant tenant improvement allowance of $30 per square foot, making it an attractive investment for prospective tenants. This is a rare opportunity to secure a well-located, modern retail space in a thriving commercial area. The property's design and location combine to create an ideal environment for businesses seeking high visibility and convenient access. Don't miss this chance to establish your business in this desirable location.

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
-97.187
Latitude
31.5318
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
$67,699
$707,760
$2,311,960
$3,019,720
-
$707,760
$2,311,960
$3,019,720
More about this property
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