401 Stewart StLaredo, TX 78040

Property Details for 401 Stewart St

Year built

2004

Lot size

0.28 AC

Property size (Sq ft)

1,960 SF

Property type

Turn key restaurants

APN

330-00319-010

APU

33000319010

Description

This exceptional commercial property, located at 401 E Stewart St in Laredo, Texas, presents a significant investment opportunity. The warehouse boasts a substantial 12,404 square feet of space, ideal for a variety of industrial or commercial uses. Situated in Webb County, zip code 78040, this property offers convenient access to major transportation routes, enhancing its logistical appeal. The asking price is $425,000. The property is classified as both industrial and land, making it versatile for diverse business needs. This is a rare opportunity to acquire a sizable warehouse in a thriving Texas market. The property's location in Laredo, TX, provides access to a robust local economy and a strategic position within the region. The building's substantial square footage allows for ample storage, production, or office space, depending on the buyer's requirements. Given the size and location, this property is well-suited for businesses seeking expansion or a new base of operations in a dynamic commercial environment. The property is zoned for commercial use and is ready for immediate occupancy. Serious inquiries are encouraged to explore the potential of this valuable asset. Further details regarding zoning and potential uses are available upon request. This is a turnkey opportunity for a discerning investor or business owner.

• CAP approach

  CAP return

  Valuation

  6%

  $391,785

  6.5%

  $361,648

  7%

  $335,816

• Comparable approach

  Method

  Valuation

  Relative Method

  $431,273

  Geo Method

  $1,122,532

• Alternative Use

  Use

  Valuation

  Residential

  $305,063

  Hospitality

  $279,436

  Educational

  $232,488

  Medical

  $240,483

  Retail

  $361,648

Location Insight

City

Laredo

County

Webb

State

Texas

Latitude

27.5193

Longitude

-99.4926

CBSA code

29700

CBSA name

LAREDO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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