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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Office buildings
4535 Lk Shr Dr Waco, TX 76710-1814
Entity Owned
~
Est. High Equity
Property ID
US82-3719094
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD
Total area
2,661 SF
Lot
0.11 ac (4,661 SF)
Zoning code
O1
APN
480458080016009
UPID
US82-3719094
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lake Shore Dental Dental Office
-
Lake Shore Dental: DeeAnn Kucera, DDS Dental Office
-
Kolar Elaine Dental Office
-
Dr. Thomas Waggener Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$605k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$655k
Owner & transaction history
Ls Dental Holdings LLC
Ls Dental Holdings LLC
since 2025
Last sale
$680,000
6 recorded transactions
Zoning & alternative use
O1 · Waco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$605,000
7%
$565,000
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $680k (Jul 20 2025)
Last sale anchor
$680k
Jul 20 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$246 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,397
Tax year 2022
Assessed value
$374,530
Assessed 2023
Previous assessed
$374,530
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$58,410
Assessed improvement
$316,120
Land market value
$58,410
Improvement market value
$316,120
Total market value
$374,530
Applied tax rate
48.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,661 SF
Lot
0.11 ac (4,661 SF)
Zoning code
O1
APN
480458080016009
UPID
US82-3719094
Jurisdiction
MCLENNAN
Zoning & alternative use
O1 · Waco, TX
Zoning O1 · permitted uses
O1 · Waco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Ls Dental Holdings LLC
Entity
Mailing address
4535 LK SHR DR, WACO, TX 76710-1814
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2025
$680,000
Ls Dental Holdings LLC
4535 Lake Shore LLC
Special Warranty Deed
$544,000 · Fifth Third Bank NA
Sep 29, 2021
—
4355 Lake Shore LLC
Thomas W Waggener
Venders Lien
$297,500 · Thomas Waggener
Apr 9, 2020
—
Thomas W Waggener
—
Deed
related
$25,000 · First National Bank Of Central Tx
Jan 26, 2018
—
Thomas W Waggener
—
Deed
related
$218,400 · First National Bank Of Central Tx
—
—
Thomas W Waggener
—
Deed Of Trust
related
$50,000 · Jeanne D Waggener
—
—
Thomas W Waggener
—
Deed Of Trust
related
$248,000 · First National Bank Central Tx
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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