4547 Lk Shr Dr Waco, TX 76710-1814
Property profile & analytics
4547 Lk Shr Dr Waco, TX 76710-1814
- Office buildings
- 15,570 SF
- 1.58 lot acres
Property ID
US83-3960237
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.
Location Intelligence
Current Use by Public Records
- God as CEO - US / Charitable Organization / Social Service Agency
- DreamMaker Bath & Kitchen / Hardware & Home Improvement / Kitchen & Bath Showroom
- Ethos Benefit Services / Insurance Agency
- Texas Cash Home Buyers - Sell Your House Fast For Cash / Hardware & Home Improvement
- Central Texas Benefits / Insurance Agency
Property Details for 4547 Lk Shr Dr
- Year built
- 1986
- Construction
- FRAME
- Lot size
- 1.58 lot acres
- Property size
- 15,570 SF
- Zone code
- O3
- Property type
- Office buildings
- APN
- 480458080026015
- APU
- 480458080026015
Description
This exceptional two-story, 15,570-square-foot executive office building in Waco, Texas, presents a compelling value-add investment opportunity. Located at 4547 Lake Shore Dr, this Class B property boasts a desirable location convenient to the banking district and nearby communities like Mountainview, Bosqueville, and China Spring. Currently 89% occupied with nine tenants under a gross lease structure, the building offers significant upside potential. Built in 1986, the property sits on a 1.58-acre lot zoned PUD and features beautiful exterior patios accessible to individual offices. The spacious layout is ideal for a variety of professional uses, including law, accounting, counseling, or upper-level management. The asking price is $1,400,000, representing a price per square foot of $89.92 and a pro-forma cap rate of 10.72%. The property generates a pro-forma net operating income (NOI) of $150,041. Features include ample parking and flexible space suitable for owner-occupancy or continued investment. Rent bumps are in place, offering further income growth potential. This unique property offers a blend of aesthetic appeal and strong financial prospects, making it an attractive investment in the thriving Waco market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Waco
- County
- Mclennan
- State
- Texas
- Longitude
- -97.1957
- Latitude
- 31.5619
- 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
$27,004
$688,680
$515,850
$1,204,530
-
$688,680
$515,850
$1,204,530
