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    Retail Property on McPherson Road Title is generated by Realmo AI

    3914 McPherson Rd, Laredo, TX

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    Retail property featuring 1765 square feet of space for sale.

    Property size:
    1,765 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $186/SF
    Added:
    Aug 12, 2024
    Days on Market:
    667
    Last Refresh:
    May 20 at 9:15 pm

    Property Features for 3914 McPherson Rd

    General Information

    Standard status
    Active
    Size
    1,765 SF
    Lot size
    0.15 Acres

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    Listing Contact
    Gabriela Lerma

    Listing agent Gabriela Lerma License #9006764,TEXAS

    Listing office Keller Williams Real Estate - Laredo

    Listing date Aug 12, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate - Laredo

    HighLights

    • 1765 square feet of retail space available for sale.
    • Retail property.

    Overview

    This retail property, located on McPherson Road, offers 1765 square feet of space. It is suitable for individual retail purposes.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $28.6k $16.20
    − Vacancy −$2.4k −$1.38
    EGI $26.2k $14.82
    − OpEx −$7.8k −$4.45
    NOI $18.3k $10.38
    1,765 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $261.6K
    $228.9K – $305.2K (±1% cap)
    NOI $18,314 @ 7.0% cap · market cap 5.55%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $434.6K
    $380.2K – $507.0K (±1% cap)
    NOI $30,419 @ 7.0% cap · market cap 9.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.4848
    Latitude
    27.5363

    FAQs

    What type of property is this?
    Retail space - Retail property featuring 1765 square feet of space for sale.
    Where is this retail space located?
    The property is located at 3914 McPherson Rd Laredo, TX.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: 1765 square feet of retail space available for sale.; Retail property.
    (956) 286-2509 Call to check price and availability
    More about this property
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