3920 Aguanieve DrLaredo, TX 78046

  • Grocery and convenience stores
  • 6,844 SF
For Sale
$6,952,176 View listing

Property Details for 3920 Aguanieve Dr

Year built
2015
Lot size
1.68 AC
Property size (Sq ft)
6,844 SF
Property type
Grocery and convenience stores
APN
953-18001-010
APU
95318001010

Description

This exceptional 13.3-acre land parcel presents a unique investment opportunity in Laredo, Texas. Strategically located at the intersection of Loop 20 (Cuatro Vientos Blvd) and Aguanieve Drive, this property boasts prominent frontage on a major thoroughfare. The site is zoned for both commercial (B-3) and residential (R-1A) uses, offering unparalleled flexibility for developers. Its location in south Laredo places it within easy reach of established residential neighborhoods, schools, and retail centers, ensuring high visibility and accessibility. The substantial lot size allows for a variety of development scenarios, from large-scale commercial projects to mixed-use developments incorporating residential components. This prime location, combined with its versatile zoning and significant acreage, makes this property an ideal platform for a lucrative and impactful development. The asking price is $6,952,176. The property's address is 3920 Aguanieve Dr, Laredo, TX 78046, situated in Webb County. This is a rare opportunity to acquire a sizable tract of land in a rapidly growing area with excellent potential for future appreciation. The property's location offers convenient access to major roadways and established infrastructure, further enhancing its development potential. This is a truly exceptional opportunity for investors seeking a high-impact project in a thriving Texas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,368,056
    6.5%
    $1,262,821
    7%
    $1,172,620
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,505,927
    Geo Method
    $3,919,698
  • Alternative Use

    Use
    Valuation
    Residential
    $1,065,237
    Hospitality
    $975,751
    Educational
    $811,814
    Medical
    $839,733
    Retail
    $1,262,821

Location Insight

City
Laredo
County
Webb
State
Texas
Latitude
27.4722
Longitude
-99.4476
CBSA code
29700
CBSA name
LAREDO, 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
$12,706
$892,943
$997,057
$1,890,000
-
$892,943
$997,057
$1,890,000

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