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Property profile & analytics

1309 Jct Dr Laredo, TX 78041-6684

  • Bars
  • 4,806 SF
  • 0.55 lot acres
OFF-MARKET
Value Estimations
$320,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-3832014
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Culture Social Bar / Cocktail Bar / Social Club

Property Details for 1309 Jct Dr

Year built
2019
Lot size
0.55 lot acres
Property size
4,806 SF
Property type
Bars
Property subtype
Pubs
APN
947-20002-020
APU
94720002020

Description

This exceptional 4,254-square-foot restaurant building presents a unique investment opportunity in Laredo, Texas. Located at 1309 Junction Dr, this property sits on a 0.55-acre lot and boasts a modern design, ideal for a variety of culinary concepts. Built in 2019, the building features a fully equipped, full-service kitchen complete with a walk-in cooler and ample dry storage. The space includes custom-built indoor and outdoor bars, perfect for creating a vibrant atmosphere. A spacious outdoor patio provides additional seating and enhances the overall dining experience. The second floor offers a dedicated office space, providing administrative convenience. The property benefits from 3-phase power, ensuring efficient operation. The building is zoned B-4, allowing for a wide range of commercial uses. This turnkey restaurant is ready for immediate occupancy, offering a rare chance to establish a thriving business in a prime Laredo location. The property's modern design and extensive features make it an attractive option for both established restaurant operators and new entrepreneurs. The vacant status presents an opportunity to customize the space to perfectly match your vision. This is a truly exceptional opportunity to acquire a high-quality, well-located restaurant property in a growing market. The 0.55-acre lot provides ample space for future expansion or outdoor amenities. Don't miss this chance to own a piece of Laredo's vibrant culinary scene.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $315,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $324,000
    Market price range: $286k - $568k
  • Alternative Use

    Use
    Estimation
    RESTAURANT
    $420,000
    Current use
    OFFICE BUILDING
    $480,000
    Change: +15% Conversion: Moderate
    RETAIL STORES
    $370,000
    Change: -11% Conversion: Easy
    AUTO REPAIR, GARAGE
    $340,000
    Change: -19% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Laredo
County
Webb
State
Texas
Longitude
-99.4709
Latitude
27.5731
CBSA code
29700
CBSA name
LAREDO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,871
$271,591
$618,409
$890,000
-
$271,591
$618,409
$890,000
More about this property
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