Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    917 Farragut St Laredo, TX 78040

    For Sale
    $1,700,000

    6,720 SF Vacant Office Building, $1.7M

    Property size:
    6,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 6,720-square-foot freestanding office building presents a compelling investment opportunity in Laredo, Texas. Located at 917 Farragut Street, this Class C property boasts a prime location in the heart of Laredo, offering unparalleled visibility and accessibility. Its convenient proximity to Interstate 35 and major thoroughfares ensures easy commutes for employees and clients. The building's strategic placement also places it near a variety of shopping and dining establishments, enhancing its appeal and attracting a wider pool of potential tenants. Currently vacant, this property presents a blank canvas for customization and immediate occupancy. The building sits on land held under a ground lease. The asking price is $1,700,000, translating to $252.98 per square foot. Zoned for commercial use (APN: 101-00045-100), this single-building property is ideal for a variety of office uses, including executive and traditional office spaces. Its former use as a bank branch speaks to its structural integrity and suitability for professional office environments. The thriving local economy and vibrant community of Laredo make this a particularly attractive investment in a dynamic market. This property offers a unique blend of location, size, and potential, making it an exceptional opportunity for discerning investors.

    Property Features for 917 Farragut St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,720 SF
    Class
    C

    Building Details

    Buildings
    1

    HighLights

    • 6,720 SF freestanding Class C office building in Laredo, TX.
    • Located at 917 Farragut Street, offering high visibility and accessibility near I‑35.
    • Currently vacant, ready for immediate occupancy and customization.
    • Ground lease property; asking price $1,700,000 ($252.98/SF).
    • Commercially zoned (APN: 101‑00045‑100), suitable for various office uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    County
    Webb
    State
    Texas
    Longitude
    -99.5053381
    Latitude
    27.5054596

    Nearby Similar for Sale

    • $275,000
      14.34 Acres

      Laredo Ranch Land with House

      14.34-acre ranch property featuring a house and deer feeders.
      1061 Sal Si Puedes, Laredo, TX 78041
      View Details
    • $12,000,000

      Laredo Warehouse and Lodge Property

      Multiuse property with sleeping quarters, lodges, and mechanic shop.
      19875 Hwy U.S, Laredo, TX 78045
      View Details
    • $135,000
      4.15 Acres

      Ranch Land with Unfinished Home

      4.15 acre ranch featuring unfinished home and horse facilities.
      260 G, Laredo, TX 78044
      View Details
    • $400,000

      Modern Duplex Built in 2025

      Modern duplex built in 2025, perfect for investment or living.
      1619 Pierce St, Laredo, TX 78041
      View Details
    • $480,000

      Laredo Apartment Complex For Sale

      Multi-unit property in revitalizing historic district, zoned B-1.
      1619 Convent Ave, Laredo, TX 78040
      View Details
    • $3,500,000

      Laredo Industrial Property with Apartment

      Industrial building featuring offices, shop, and attached apartment.
      5508 E Saunders St, Laredo, TX 78041
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - 6,720 SF Vacant Office Building, $1.7M
    Where is this office property / space located?
    The property is located at 917 Farragut St Laredo, TX.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 6,720 SF freestanding Class C office building in Laredo, TX.; Located at 917 Farragut Street, offering high visibility and accessibility near I-35.; Currently vacant, ready for immediate occupancy and customization.
    Request Owner's contact information
    917 Farragut St Laredo, TX 78040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    917 Farragut St
    Laredo, TX 78040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    917 Farragut St Laredo, TX 78040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.