1218 Zaragoza 9,944 SF Retail Building Laredo, TX 78040 $850,000 ($85.48/SF)



INVESTMENT HIGHLIGHTS
- Located in downtown Laredo
- 4324Sqft of Warehouse space
- 1 block from International bridge 1
EXECUTIVE SUMMARY
This downtown Laredo property is located on Zaragoza St. just a block away from Bridge #1. It is in Zoned B-2 area and will accommodate a variety of other retail businesses. It has plenty of storage space for inventory and it is currently vacant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,944 SF
Building Class
B
Year Built
1986
Price
$850,000
Price Per SF
$85.48
Tenancy
Single
Building Height
2 Stories
Building FAR
1.61
Lot Size
0.14 AC
Zoning
B-2 - Zoned B-2 for community retail, business and other service establishments
Parking
5 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
56’ on Zaragoza Street
Walk Score®
Very Walkable (84)
PROPERTY TAXES
Parcel Number | 159703 | Improvements Assessment | $365,041 |
Land Assessment | $185,190 | Total Assessment | $550,231 |