1420 Corpus Christi St Laredo, TX 78040
This exceptional mixed-use property, located at 1420 Corpus Christi St. in Laredo, Texas, presents a compelling investment opportunity. The 10,123 square foot building sits on a generous 25,466 square foot lot and is zoned B-1, offering versatility for a range of commercial and residential uses. Currently configured as a blend of apartment building and traditional office space, this property provides immediate income potential and significant upside for future development. The building's substantial size and flexible zoning allow for creative adaptation to meet evolving market demands. Its prime Laredo location in Webb County, zip code 78040, ensures high visibility and accessibility. The property's strong foundation and ample space offer a solid return on investment for savvy buyers seeking a multi-faceted commercial venture. This is an excellent chance to acquire a well-situated mixed-use asset in a growing Texas market. The asking price is $495,000. Serious inquiries are encouraged to explore the full potential of this unique property. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.