1104 Farragut St Laredo, TX 78040
- Retail space
- 7,882 SF
- 0.14 lot acres
Current Use by Public Records
- Bona / Store
Property Details for 1104 Farragut St
- Year built
- 1961
- Lot size
- 0.14 lot acres
- Property size
- 7,882 SF
- Property type
- Retail space
- APN
- 102-00061-040
- APU
- 10200061040
Description
This exceptional 5,250 square foot retail property, located at 1104 Farragut St, Laredo, TX 78040, presents a unique investment opportunity. Built in 1961, this two-story building sits on a 6,173 square foot lot and is zoned CBD, offering versatility for various retail uses including convenience stores, grocery stores, or as part of a shopping center. Currently operating as a successful retail business, the property benefits from high visibility and excellent foot traffic in the heart of downtown Laredo. Its strategic location near a new sheriff's station currently under construction further enhances its potential. The asking price is $650,000. This property represents a rare chance to acquire a piece of Laredo's downtown history with significant investment potential. The building's strong performance and prime location make it an attractive proposition for savvy investors seeking a high-return asset in a thriving Texas market. The property consists of one building and offers a substantial space for a variety of retail ventures. Don't miss this opportunity to own a piece of Laredo's vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.5069
- Latitude
- 27.5059
- CBSA code
- 29700
- CBSA name
- LAREDO, TX METROPOLITAN STATISTICAL AREA