1114 Lincoln StLaredo, TX 78040

Property Details for 1114 Lincoln St

Year built

1957

Lot size

0.14 AC

Property size (Sq ft)

7,632 SF

Property type

Retail space

APN

101-00041-060

APU

10100041060

Description

This exceptional commercial property, located at 1114 Lincoln Street in Laredo, Texas, presents a unique investment opportunity. The property is zoned for retail use and boasts a substantial 6,173 square feet of space, ideal for a variety of businesses. Its prime location on Lincoln Street ensures excellent visibility and high customer traffic, further enhanced by its proximity to Convent. The building's layout includes a significant second-floor storage area, providing ample space for inventory or other operational needs. This versatile space offers significant potential for a wide range of retail ventures. The property is situated in Webb County, Texas, with a Laredo, TX 78040 zip code. The geographic coordinates are 27.5044231 latitude and -99.5072289 longitude. The asking price is to be determined. This is a land and retail property, and the number of units is zero. This property is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a high-traffic location with substantial storage capacity. Interested parties are encouraged to schedule a viewing to assess the full potential of this valuable asset.

• CAP approach

  CAP return

  Valuation

  6%

  $1,525,584

  6.5%

  $1,408,231

  7%

  $1,307,643

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,679,299

  Geo Method

  $4,371,002

• Alternative Use

  Use

  Valuation

  Residential

  $1,187,896

  Hospitality

  $1,088,106

  Educational

  $905,292

  Medical

  $936,426

  Retail

  $1,408,231

Location Insight

City

Laredo

County

Webb

State

Texas

Latitude

27.5044

Longitude

-99.5072

CBSA code

29700

CBSA name

LAREDO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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