708 Chaparral St Laredo, TX 78041
- Industrial properties
- 23,696 SF
- 0.99 lot acres
Current Use by Public Records
- Cadejo Brazilian Jiu Jitsu Academy / Gym / Jujitsu School
- Baker Distributing Co / Air Conditioning System Supplier
- Laredo Athletic Complex / Athletic Club
- Laredo Juniors Volleyball / Association / Organization
- All Around Hoops / Training Centre
Property Details for 708 Chaparral St
- Year built
- 1975
- Lot size
- 0.99 lot acres
- Property size
- 23,696 SF
- Property type
- Industrial properties
- APN
- 934-52001-010
- APU
- 93452001010
Description
This exceptional 21,400 square foot property, situated on a one-acre lot in central Laredo, Texas, presents a unique investment opportunity. Previously used as a sports complex, this building is readily adaptable for conversion into a warehouse. The structure boasts five loading docks, providing efficient loading and unloading capabilities. Ample parking is available with 43 designated spaces. The interior features a generous clear ceiling height ranging from 16 to 18 feet, offering significant storage and operational flexibility. A substantial 70-ton HVAC system, complete with building insulation and air conditioning, ensures year-round climate control. The property is zoned B-1 and is conveniently located just two blocks from Calton Road, and near the high-traffic intersection of McPherson Road and Calton Road, offering excellent visibility and accessibility. This versatile space is ideal for a variety of commercial uses, making it a compelling investment prospect in a thriving Texas market. The single building is situated in Webb County, Texas, with the address being 708 Chaparral St, Laredo, TX 78041.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $815,000
- 6.5%
- $840,000
- 7%
- $810,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $850,000
- Geo Method
- $715,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $870,000
- Retail
- $830,000
- Mixed-Use
- $870,000
- Hospitality
- $670,000
- Educational
- $690,000
- Residential Income
- $775,000
- Energy
- $695,000
- Income-Based Land
- $675,000
- Food Service
- $760,000
Location Insight
- Map
- Local Demand
- City
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.4881
- Latitude
- 27.5406
- CBSA code
- 29700
- CBSA name
- LAREDO, TX METROPOLITAN STATISTICAL AREA