Entity Owned Property summary
AI-generated overview
This exceptional 12,541 square foot, two-story traditional office building at 5213 Lake Shore Drive in Waco, Texas, 76710 presents a unique opportunity. The property offers flexible lease options, allowing for occupancy of the entire building, individual floors, or individual offices. Individual office spaces are available for $650 per month, while the entire building is available at $18 per square foot plus utilities. The building boasts ample parking, a significant advantage in this desirable location. Further enhancing its appeal are fully furnished, turnkey offices ready for immediate occupancy. The property includes a dedicated training room and a convenient conference room, ideal for collaborative work and presentations. This meticulously maintained building is situated near Waco's Banking District, providing easy access to financial institutions, and is also conveniently close to a variety of restaurants and retail establishments. This location offers both professional convenience and employee amenities. The property is a single-tenant building.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
WOOD FRAME
Total area
12,541 SF
Lot
0.24 ac (10,454 SF)
Zoning code
O1
APN
480458090004040
UPID
US82-3697560
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Employment Agency
-
Business To Business Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.65M
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
O1 · Waco, TX
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.65M
Value range
$1.48M – $1.81M
±10% around blend
Estimated value / SF
$131 / SF
Confidence
Property data
100
Comparable evidence
60
$1.48M
blend $1.65M
$1.81M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,541 SF
Lot area
0.24 ac
Year built
2005
Stories
2
APN
480458090004040
Zoning
O1
Assessed value
$1,608,550
Annual tax
$36,062
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.48M
Range $1.11M – $2.63M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.65M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.61M
Move the market yield to see immediate price impact.
Value / SF
$128
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$101k
$2.03M
$1.45M
$1.13M
$113k
$2.25M
$1.61M
$1.25M
$124k
$2.48M
$1.77M
$1.38M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$36,062
Tax year 2022
Assessed value
$1,608,550
Assessed 2023
Previous assessed
$1,608,550
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$125,450
Assessed improvement
$1,483,100
Land market value
$125,450
Improvement market value
$1,483,100
Total market value
$1,608,550
Applied tax rate
48.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Construction
WOOD FRAME
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
12,541 SF
Lot
0.24 ac (10,454 SF)
Zoning code
O1
APN
480458090004040
UPID
US82-3697560
Jurisdiction
MCLENNAN
Zoning & alternative use
O1 · Waco, TXZoning O1 · permitted uses
O1 · Waco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2005
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
0.24 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
O1
Jurisdiction
Waco, TX
Recorded code
O1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for O1 in Waco, TX.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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