Entity Owned Property summary
This exceptional investment opportunity presents a 2,640 square foot traditional office building situated at 801 Lake Air Drive in Waco, Texas, 76710. Built in 1967, the property offers a substantial footprint for a variety of commercial uses. The building's location within McLennan County provides easy access to Waco's vibrant business community and its extensive transportation network. The asking price for this property is $399,000. The building itself encompasses approximately 2,640… square feet of improved space, as per McLennan County Appraisal District (MCAD) records. Furthermore, the land associated with the property covers approximately 12,197 square feet (also per MCAD). This combination of building size and land area presents significant potential for expansion, redevelopment, or continued operation as a thriving commercial space. The property's classification as both office and retail suggests versatility in its potential uses, catering to a broad range of business needs. This presents a unique chance to acquire a well-located commercial property in a growing Texas market. The property's age provides an opportunity for renovation and modernization to enhance its value and appeal. Serious inquiries are encouraged to explore the full potential of this promising investment.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Owner Contacts
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- Everything in the Light report
- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
