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Property profile

5700 Springfield Ave Laredo, TX 78041

OFF-MARKET
Retail properties & Spaces
18,013 SF
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Property summary

AI-generated overview

This exceptional commercial property, located at 5700 Springfield Ave. in Laredo, Texas, presents a unique opportunity for businesses seeking flexible office space. Situated on a 2.08-acre lot at the northeast corner of Springfield and Hillside Road, this single-story building offers a total of 18,013 square feet. Currently, three individual office suites are available for lease, providing a range of sizes to accommodate various business needs. Suite 206 offers 800 square feet, Suite 301 provides 550 square feet, and Suite 302 encompasses 1,100 square feet. Each suite is equipped with its own electric meter and benefits from central HVAC for climate control. The minimum divisible space is 2,450 square feet, with a maximum contiguous space of 4,400 square feet. The property is zoned B-3 and is classified as Class D. Its central Laredo location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a prominent presence in the area. This property is perfect for businesses seeking a convenient and well-located office space in Webb County. The property's multiple suite options offer flexibility for businesses of varying sizes.

Property profile

Verified
Property type Retail properties & Spaces
Total area 18,013 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5700 Springfield Ave Laredo, TX 78041
Laredo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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