709 Alta Vista DrLaredo, TX 78041

Property Details for 709 Alta Vista Dr

Year built

1997

Lot size

0.55 AC

Property size (Sq ft)

9,120 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

936-00030-230

APU

93600030230

Description

This exceptional investment opportunity presents a fully occupied, income-producing restaurant located at 709 Alta Vista Dr, Laredo, Texas, 78041. The property boasts a substantial 9,120 square feet of space, currently operating at 100% occupancy, generating a strong net operating income (NOI) of $86,904. Situated in Webb County, this retail space benefits from convenient access to city water and sewer services. The property's prime location offers excellent visibility and accessibility, surrounded by a vibrant mix of established businesses. Nearby establishments include AutoZone, EZ Pawn, Sonic Drive-In, Falcon Bank, PNC Bank, Jett Bowl North, Raising Cane's, Pizza Hut, and Domino's Pizza, ensuring high foot traffic and a strong customer base. This cash-flowing asset represents a compelling investment opportunity for discerning buyers seeking a stable and profitable addition to their portfolio. The property's strong performance and strategic location make it an ideal investment in the thriving Laredo market. The current lease ensures immediate cash flow, minimizing vacancy risk and maximizing return on investment. This is a rare chance to acquire a well-established, high-performing restaurant property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,959,133

  6.5%

  $1,808,430

  7%

  $1,679,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,636,568

  Geo Method

  $5,223,210

• Alternative Use

  Use

  Valuation

  Residential

  $1,525,478

  Hospitality

  $1,397,330

  Educational

  $1,162,562

  Medical

  $1,202,544

  Retail

  $1,808,430

Location Insight

City

Laredo

County

Webb

State

Texas

Latitude

27.5481

Longitude

-99.4811

CBSA code

29700

CBSA name

LAREDO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].