2507 Saunders StLaredo, TX 78041

Property Details for 2507 Saunders St

Year built

2022

Lot size

0.48 AC

Property size (Sq ft)

2,730 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

554-01520-030

APU

55401520030

Description

This exceptional commercial property located at 2507 Saunders Street in Laredo, Texas, presents a significant investment opportunity. The property, encompassing a substantial 20,908 square feet, is zoned for retail use and includes land. The asking price is $1,450,000. The property's versatile layout offers significant potential for a variety of retail businesses. Currently configured to include a restaurant and three additional units, the space provides ample room for expansion or adaptation to suit a range of commercial needs. Situated in Webb County, Texas, with a Laredo zip code of 78041, this location benefits from excellent visibility and accessibility. The property's size and configuration make it ideal for a variety of uses, from a single large-scale retail operation to multiple smaller businesses. Its strategic location within Laredo offers access to a thriving local market and significant foot traffic. This is a rare opportunity to acquire a substantial retail property in a desirable location with significant growth potential. The property is offered as a complete package, providing a turnkey solution for investors seeking a high-return investment in the Laredo commercial real estate market. Detailed property information and site plans are available upon request. This is a must-see property for serious investors.

• CAP approach

  CAP return

  Valuation

  6%

  $545,692

  6.5%

  $503,716

  7%

  $467,736

• Comparable approach

  Method

  Valuation

  Relative Method

  $600,713

  Geo Method

  $1,563,527

• Alternative Use

  Use

  Valuation

  Residential

  $424,903

  Hospitality

  $389,209

  Educational

  $323,817

  Medical

  $334,954

  Retail

  $503,716

Location Insight

City

Laredo

County

Webb

State

Texas

Latitude

27.5302

Longitude

-99.4703

CBSA code

29700

CBSA name

LAREDO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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