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    917 Farragut Street Laredo, TX 78040

    Source: https://www.cbcworldwide.com
    For Sale
    $1,700,000

    6,720 SF Former Bank Building For Sale

    Property size:
    6,720 SF

    Description

    Added:
    Apr 10, 2025
    Days on Market:
    246
    Former bank branch located in the heart of Laredo, TX. Its close proximity to I-35 and major arterial roads, as well as shopping and dining options, ensures exceptional visibility, accessibility, and convenience. With a vibrant local community, thriving economy, and abundant amenities, this location provides an enticing investment proposition.

    Property Features for 917 Farragut Street

    General Information

    Property type
    Office buildings
    Square Feet
    6,720 SF
    Price / Square Foot
    $252
    Elevators
    N/A
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    1
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    State
    Texas
    Longitude
    -99.505377
    Latitude
    27.505465

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    FAQs

    What type of property is this?
    Office building - 6,720 SF Former Bank Building For Sale
    Where is this office building located?
    The property is located at 917 Farragut Street Laredo, TX.
    What is the asking price?
    The asking price for this property is $1,700,000.
    (956) 451-2983
    Request Owner's contact information
    917 Farragut Street Laredo, TX 78040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    917 Farragut Street Laredo, TX 78040
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