801 Lake Air DrWaco, TX 76710

For Sale
$399,000 View listing
  • Commercial real estate
  • 2,580 SF

Property Details for 801 Lake Air Dr

Year built
1967
Construction
CONCRETE BLOCKS
Lot size
0.28 AC
Property size (Sq ft)
2,580 SF
Zone code
C2
Property type
Commercial real estate
APN
480438060004020
APU
480438060004020

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $596,347
    Hospitality
    $546,251
    Educational
    $454,474
    Medical
    $470,104
    Retail
    $706,960
801 Lake Air Dr, Waco, Texas

Location Insight

City
Waco
County
Mclennan
State
Texas
Latitude
31.5271
Longitude
-97.1867
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
$6,573
$70,130
$223,060
$293,190
-
$70,130
$223,060
$293,190

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].