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La familia Psychiatrists 1319 Corpus Christi St

1,782 SF Office Building Laredo, TX 78040 $624,900 ($351/SF) 5.57% Cap Rate

Investment Highlights

  • Very centrally located
  • Dual use property
  • Income opportunity
  • Apartment 4 plex in the back
  • Strategic location
  • Ample parking

Executive Summary

Hello and welcome to our listing for a medical office and apartment complex for sale. This unique property offers a fantastic opportunity for both investors and healthcare professionals alike.
On the back you will find 4 modern and spacious apartments, each featuring two bedrooms and two bathrooms. These units are perfect for tenants who value comfort and convenience, as the complex is situated in a prime location within close proximity to dining and shopping options.
In addition, the property also includes ample parking space for both residents and patients.
With its prime location and well-equipped facilities, this medical office and apartment complex is a great investment opportunity. Don't miss out on the chance to own this highly desirable property. Contact us today for more information.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,782 SF
Building Class
C
Year Built
2003
Price
$624,900
Price Per SF
$351
Cap Rate
5.57%
NOI
$34,786
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
891 SF
Building FAR
0.18
Lot Size
0.23 AC
Zoning
B1 - B1 zoning
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
173314
Land Assessment
$88,830 (2024)
Improvements Assessment
$460,794 (2024)
Total Assessment
$549,624 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 32877674

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 1319 Corpus Christi St, Laredo, TX 78040

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