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    1900 Springfield Ave Laredo, TX 78040

    For Sale
    $1,390,000

    Prime Laredo Commercial Property, 77,098 SF

    Property size:
    77,098 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional commercial property located at 1900 Springfield Ave, Laredo, Texas, 78040 presents a significant investment opportunity. The property encompasses a substantial 77,098 square feet and is zoned B1, offering considerable flexibility for a variety of commercial uses. The expansive size allows for numerous development possibilities, catering to businesses requiring significant space. The property's strategic location in Laredo, Webb County, Texas, provides excellent access to major transportation routes and a thriving local economy. The asking price is $1,390,000. This represents a compelling opportunity to acquire a large-scale commercial property in a dynamic Texas market. The property's size and zoning make it suitable for a wide range of commercial ventures, from office spaces to retail establishments, or potentially even mixed-use developments. Given its substantial square footage and prime location, this property is well-positioned for strong returns on investment. Detailed site plans and zoning information are available upon request. Serious inquiries only. The property is situated at latitude 27.5136034 and longitude -99.4935356. This is a rare opportunity to acquire a significant commercial asset in a growing Texas city.

    Property Features for 1900 Springfield Ave

    General Information

    Property type
    Land
    Square Feet
    77,098 SF

    HighLights

    • $1,390,000 asking price.
    • 77,098 square foot office and land property.
    • Located at 1900 Springfield Ave, Laredo, TX 78040.
    • B1 zoned commercial building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gateway City Fellowship Church Joe Jackson Springfield ... Funeral Home

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.4935356
    Latitude
    27.5136034

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    FAQs

    What type of property is this?
    Land - Prime Laredo Commercial Property, 77,098 SF
    Where is this land located?
    The property is located at 1900 Springfield Ave Laredo, TX.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: $1,390,000 asking price.; 77,098 square foot office and land property.; Located at 1900 Springfield Ave, Laredo, TX 78040.
    Request Owner's contact information
    1900 Springfield Ave Laredo, TX 78040
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    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1900 Springfield Ave Laredo, TX 78040
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