1209 Iturbide St Laredo, TX 78040
This exceptional Laredo, Texas commercial property at 1209 Iturbide St, offers a unique investment opportunity. The 5,286 square foot property is zoned for retail use and currently features two ground-floor retail stores. An additional upstairs unit, offering one bedroom and one and a half bathrooms, provides separate income potential with its private entrance. The property also includes substantial warehouse space, ideal for storage or conversion into an additional rental unit, significantly increasing revenue streams. Its strategic location, just one block from Bridge I and half a block from Convent, ensures high visibility and accessibility, attracting a substantial customer base. This prime location in Webb County, Texas, zip code 78040, presents a rare chance to acquire a versatile commercial property with immediate income generation and significant upside potential for expansion and diversification. The property's existing infrastructure and ample space offer flexibility for various business ventures. This is an excellent opportunity for investors seeking a strong return on investment in a thriving Texas market. The asking price is to be determined.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.