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    1119 Juarez Ave Laredo, TX 78040

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    For Sale
    Contact for pricing

    11,871 SF Downtown Laredo Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,871 square foot commercial land parcel presents a remarkable opportunity in the heart of Laredo, Texas. Located at 1119 Juarez Avenue, in Webb County, zip code 78040, this property boasts a highly desirable downtown location. Its expansive size offers significant potential for a variety of commercial developments. The flat, buildable land is ideally suited for projects requiring ample space. Given its central location, this lot is easily accessible, providing excellent visibility and convenient access for customers and employees. The property's zoning (not specified in provided information) should be verified with the city of Laredo to determine permitted uses. This prime location in a thriving Texas city makes this an exceptional investment opportunity for developers seeking a strategic foothold in a growing market. The property's size and location make it particularly well-suited for a parking lot, catering to the needs of the bustling downtown area. Serious inquiries are encouraged to explore the possibilities this significant land parcel offers. Coordinates are 27.5088499191451 latitude and -99.5090086328879 longitude.

    Property Features for 1119 Juarez Ave

    General Information

    Property type
    Land

    HighLights

    • Excellent downtown Laredo location, ideal for parking lot development.
    • High‑traffic area with strong demand for parking.
    • Zoned appropriately for parking facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.509008632888
    Latitude
    27.508849919145

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    FAQs

    What type of property is this?
    Land - 11,871 SF Downtown Laredo Lot
    Where is this land located?
    The property is located at 1119 Juarez Ave Laredo, TX.
    What are key features of this property?
    This property features: Excellent downtown Laredo location, ideal for parking lot development.; High-traffic area with strong demand for parking.; Zoned appropriately for parking facilities.
    (956) 324-5639
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    1119 Juarez 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
    1119 Juarez Ave Laredo, TX 78040
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