917 Farragut St Laredo, TX 78040
This exceptional 6,698-square-foot retail space presents a unique investment opportunity in Laredo, Texas. Previously a bank branch, this single-tenant property boasts a highly desirable infill location within a bustling commercial area of Webb County. The 0.36-acre lot ensures ample space for potential expansion or outdoor amenities. The building's prime position benefits from consistent daytime foot traffic and strong neighboring businesses, creating a robust and supportive commercial environment. The property's vacant status allows for immediate occupancy and customization to suit a wide range of retail ventures. Its central Laredo location offers easy access to major thoroughfares and a dense residential population, guaranteeing high visibility and potential customer reach. The property's former use as a bank suggests a solid foundation and potentially desirable structural features. This is an ideal opportunity for businesses seeking a well-situated, sizable retail space in a thriving Texas market. The address is 917 Farragut St, Laredo, TX 78040.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.