102 Del CtLaredo, TX 78041

Property Details for 102 Del Ct

Year built

1993

Lot size

1.26 AC

Property size (Sq ft)

6,827 SF

Property type

Banks

APN

976-10003-060

APU

97610003060

Description

This exceptional single-tenant retail property, formerly a bank, presents a unique investment opportunity in the thriving Laredo, Texas market. Located at 102 Del Ct, Laredo, TX 78041, this 6,836 square foot building sits on a generous 1.26-acre lot, offering ample space and potential for redevelopment or immediate occupancy. The entire building is currently vacant, providing a blank canvas for a variety of retail uses. Its strategic location within Webb County places it in the heart of Laredo's dynamic commercial sector, ensuring high visibility and accessibility. The property's previous use as a bank suggests a strong foundation and potentially desirable features such as secure vaults or robust security systems. The substantial lot size offers significant expansion possibilities, allowing for future growth and adaptation to evolving market demands. This property is ideal for entrepreneurs seeking a high-impact location or investors looking for a strong return in a rapidly growing Texas city. The property's size and location make it an attractive proposition for a wide range of retail businesses. Serious inquiries are encouraged to explore the full potential of this prime Laredo commercial real estate offering. The property is ready for immediate possession.

• CAP approach

  CAP return

  Valuation

  6%

  $1,563,892

  6.5%

  $1,443,593

  7%

  $1,340,479

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,447,908

  Geo Method

  $3,909,962

• Alternative Use

  Use

  Valuation

  Residential

  $1,217,725

  Hospitality

  $1,115,429

  Educational

  $928,024

  Medical

  $959,940

  Retail

  $1,443,593

Location Insight

City

Laredo

County

Webb

State

Texas

Latitude

27.5656

Longitude

-99.4994

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].