5207 Lake Shore DrWaco, TX 76710

Property Details for 5207 Lake Shore Dr

Year built

1996

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

4,372 SF

Zone code

C

Property type

Office properties

Property subtype

Office buildings

APN

480458090004014

APU

480458090004014

Description

This exceptional single-tenant commercial property, located at 5207 Lake Shore Drive in Waco, Texas, offers 4,536 square feet of versatile office space. Situated in McLennan County, zip code 76710, this property boasts a convenient location with easy access to Lake Shore Drive. The building is well-maintained and clean, making it ideal for a variety of professional uses, including potential medical office space. Ample on-site parking is available for tenants and their clients. The property is classified as both office and land, offering a unique opportunity for businesses seeking a standalone location. The entire 4,536 square feet is available for lease as a single suite. This presents a significant opportunity for a business seeking a substantial and well-located office space in Waco. The property's size and amenities make it an attractive option for companies needing a large, functional workspace with convenient access and ample parking. The building's condition and location contribute to its appeal as a desirable commercial property in a thriving Texas market. Interested parties are encouraged to inquire for further details and leasing information.

• CAP approach

  CAP return

  Valuation

  6%

  $882,877

  6.5%

  $814,963

  7%

  $756,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $552,938

  Geo Method

  $1,308,933

• Alternative Use

  Use

  Valuation

  Residential

  $1,010,554

  Hospitality

  $925,662

  Educational

  $770,140

  Medical

  $796,626

  Retail

  $1,197,996

Location Insight

City

Waco

County

Mclennan

State

Texas

Latitude

31.5527

Longitude

-97.2045

CBSA code

47380

CBSA name

WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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