About 4800-30 Lakewood Drive
Multi-Tenant Office Portfolio 100% Leased Exceptional opportunity to acquire a 31,000 SF multi-tenant office portfolio in the heart of Waco’s fast-growing I-35 corridor market. The property is 100% occupied with a diversified tenant mix, providing immediate income and long-term stability. Priced well below replacement cost, this investment offers strong rent growth potential. The portfolio’s central location provides excellent visibility and accessibility, making it a strong fit for a wide range of users. This asset is well-suited for local and regional investors, 1031 exchange buyers, or owner-occupants planning for future expansion. With Waco’s steady economic base and strategic position along the I-35 growth corridor, this offering delivers both dependable cash flow and future upside.
Features of 4800-30 Lakewood Drive
| MLS® # | 21055384 |
|---|---|
| Price | $3,750,000 |
| Bathrooms | 0.00 |
| Acres | 2.18 |
| Year Built | 1978 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active Under Contract |
Community Information
| Address | 4800-30 Lakewood Drive |
|---|---|
| Subdivision | Lake Air Center |
| City | Waco |
| County | McLennan |
| State | TX |
| Zip Code | 76710 |
Amenities
| Utilities | Asphalt, City Sewer, City Water, Curbs, Electricity Connected, Master Water Meter |
|---|---|
| Garages | Asphalt |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Heating | Central, Electric |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Roof | Other |
|---|---|
| Construction | Brick, Concrete |
| Foundation | Slab |
Additional Information
| Flooring | Carpet, Luxury Vinyl Plank, Tile |
|---|---|
| Net Income | $188,538 |
| Building Sqft | 31,374 |
| # Units | 2 |
| Building Use | Office |
| Commercial Features | Office |
| Zoning | O-1 |
Listing Details
| Agent | John Derrick |
|---|---|
| Office | Regency Park Properties LLC |