600 Matamoros St Laredo, TX 78040
This exceptional 2,482 square foot retail property presents a unique investment opportunity in the heart of Laredo, Texas. Situated on a full city block encompassing 1.417 acres, this former motor bank offers significant potential for redevelopment or repurposing. The building boasts 12 drive-thru lanes sheltered by a canopy, a valuable asset for various businesses. On-site parking is provided for 5 vehicles. The property's central Laredo location offers excellent visibility and accessibility, making it ideal for a wide range of commercial uses. Its substantial size and prime location within Webb County, Texas, at 600 Matamoros St, Laredo, TX 78040, present a compelling opportunity for investors seeking a high-impact commercial investment. The property's history as a bank provides a solid foundation for a variety of potential uses, from a new financial institution to a completely different type of retail establishment. The ample space and drive-thru lanes offer flexibility for creative redevelopment plans. This is a rare chance to acquire a significant piece of Laredo real estate with substantial upside potential. The property's size and location make it a standout opportunity in the competitive Laredo market.
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PNC Bank Drive Up Bank Loan Service
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PNC ATM Atm
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BBVA Bank ATM Laredo-matamoros Motorbank Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.