1119 Juarez Ave Laredo, TX 78040
- Commercial real estate
- 16,704 SF
- 1.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1119 Juarez Ave
- Year built
- 1799
- Lot size
- 1.08 lot acres
- Property size
- 16,704 SF
- Property type
- Commercial real estate
- APN
- 104-00198-012
- APU
- 10400198012
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $460,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $700,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $700,000
- Geo Method
- $710,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $765,000
- Retail
- $655,000
- Mixed-Use
- $660,000
- Hospitality
- $595,000
- Educational
- $640,000
- Residential Income
- $560,000
- Energy
- $680,000
- Income-Based Land
- $750,000
- Food Service
- $620,000
Location Insight
- Map
- Local Demand
- City
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.509
- Latitude
- 27.5094
- CBSA code
- 29700
- CBSA name
- LAREDO, TX METROPOLITAN STATISTICAL AREA