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300 Lake Air dr 5,100 SF Office Building Waco, TX 76710 $675,000 ($132.35/SF)
Investment Highlights
- Highly visible frontage along Lake Air Drive with daily traffic exceeding 15,700 vehicles.
- Nearby retailers include: Barnes & Noble, Fastsigns, Home Depot, Richland Mall, and more!
- C-3 zoning provides a wide array of permitted commercial uses.
- Buildings unique layout would work well for a nonprofit, training center, specialty retail user, office/showroom concept, and much more!
- Flexible floor plan featuring storefront, conference space, offices, storage, and garage.
- Located within Waco’s robust economic corridor, approximately 90 minutes from Austin and Dallas.
Executive Summary
Positioned along Lake Air Drive with excellent visibility, this flexible office/retail asset offers a unique configuration that supports a range of uses, including nonprofit organizations, training facilities, specialty retail, or office/showroom operations. At ±5,100 square feet on a ±0.66-acre parcel, the property is well suited for owner-users or value-add investors seeking adaptability and strong long-term positioning.
The building is complemented by ample on-site parking with 15+ spaces and a C-3 zoning designation within the City of Waco, delivering robust use versatility. Essential utilities include water and sewer from the City of Waco, gas service via Atmos, and electricity through Oncor.
The site benefits from a traffic count of 15,791 vehicles per day (TxDOT 2022) and proximity to a dense cluster of regional and national retailers such as Richland Mall, Home Depot, Barnes & Noble, and Academy Sports. Waco’s strong economic base, combined with convenient access to Austin and Dallas within 90 minutes, enhances both operational and investment appeal.
The building is complemented by ample on-site parking with 15+ spaces and a C-3 zoning designation within the City of Waco, delivering robust use versatility. Essential utilities include water and sewer from the City of Waco, gas service via Atmos, and electricity through Oncor.
The site benefits from a traffic count of 15,791 vehicles per day (TxDOT 2022) and proximity to a dense cluster of regional and national retailers such as Richland Mall, Home Depot, Barnes & Noble, and Academy Sports. Waco’s strong economic base, combined with convenient access to Austin and Dallas within 90 minutes, enhances both operational and investment appeal.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,100 SF
Building Class
C
Year Built
1970
Price
$675,000
Price Per SF
$132.35
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,100 SF
Building FAR
0.18
Lot Size
0.66 AC
Zoning
C-3 - City of Waco
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Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 48-024006-003400-8 | Improvements Assessment | $391,720 |
| Land Assessment | $166,760 | Total Assessment | $558,480 |
Property Taxes
Parcel Number
48-024006-003400-8
Land Assessment
$166,760
Improvements Assessment
$391,720
Total Assessment
$558,480
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300 Lake Air dr
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