5213 Lake Shore DrWaco, TX 76710

Property Details for 5213 Lake Shore Dr

Year built

2005

Construction

WOOD FRAME

Lot size

0.24 AC

Property size (Sq ft)

12,541 SF

Zone code

O1

Property type

Office properties

Property subtype

Office buildings

APN

480458090004040

APU

480458090004040

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,532,516

  6.5%

  $2,337,706

  7%

  $2,170,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,586,092

  Geo Method

  $3,754,650

• Alternative Use

  Use

  Valuation

  Residential

  $2,898,756

  Hospitality

  $2,655,245

  Educational

  $2,209,133

  Medical

  $2,285,108

  Retail

  $3,436,429

Location Insight

City

Waco

County

Mclennan

State

Texas

Latitude

31.5528

Longitude

-97.2048

CBSA code

47380

CBSA name

WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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