601 Amistad Dr Laredo, TX 78041-6873
- Office buildings
- 990 SF
- 0.38 lot acres
Current Use by Public Records
- Triple O Landscaping / Landscaper
Property Details for 601 Amistad Dr
- Year built
- 2009
- Lot size
- 0.38 lot acres
- Property size
- 990 SF
- Property type
- Office buildings
- APN
- 948-30002-009
- APU
- 94830002009
Description
This exceptional commercial land parcel presents a compelling investment opportunity in Laredo, Texas. Located at 601 Amistad Dr, 78041, this 15,559 square foot lot is zoned B-4, offering a wide range of potential commercial development options. The property's prime location within Webb County provides excellent visibility and accessibility, making it an ideal site for a variety of businesses. The asking price is $425,000. This represents a significant opportunity to acquire a substantial piece of land in a thriving Texas market. The property is owned outright, eliminating the complexities of shared ownership. The address listed on the deed is 601 Amistad Dr, though the property is commonly referenced as 610 Amistad Dr. This discrepancy should be verified independently. Given its size and zoning, this lot is well-suited for a variety of commercial ventures, from retail establishments to light industrial uses. Prospective buyers are encouraged to conduct their own due diligence to fully assess the development potential and confirm zoning compliance with their intended use. This is a rare opportunity to acquire a sizable commercial lot in a desirable location, offering strong potential for future growth and return on investment. The coordinates for the property are 27.5533219 latitude and -99.4830491 longitude.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $250,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $225,000
- 6.5%
- $210,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $157,000
Market price range: $39.3k - $158k
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Location Insight
- Map
- Local Demand
- City
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.4831
- Latitude
- 27.5532
- CBSA code
- 29700
- CBSA name
- LAREDO, TX METROPOLITAN STATISTICAL AREA