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- LoopNet Team
1002-1008 Hidalgo St
Laredo, TX 78040
ABC Plaza · Land For Sale
·
0.57 AC
INVESTMENT HIGHLIGHTS
- Half-acre urban site
- Tax abatement and development incentives available
- Located in the scenic downtown Laredo.
- For mixed-use, multi-level development with no density limit
- Adjacent to over $20,000,000 of new governmental redevelopment
PROPERTY FACTS
DESCRIPTION
ABC Plaza is a half-acre ‘urban village’ complex / development site* adjoining the Plaza Theatre— in the heart of historic downtown Laredo, Texas 78040. On ‘Old Mercado’ square, this site is part of Spain’s colonial settlement of ‘Villa de San Agustin de Laredo,’ founded in 1755, on the north bank of the Rio Grande. Located on a 24,692 sq ft fully-developable urban site = .57 acre = 1/3 City-of-Laredo block 46/ Western Division Prime frontage on Hidalgo Street, San Agustin Avenue and Farragut Street Parcel includes: Four city lots Five historic buildings (circa 1850s) Prime corner space (3,500 sq ft) steps to Plaza Theatre box office, plus 3 vintage lofts (each 1,600+ sq ft) ready for build-out. All structures open to a central courtyard garden. Parking for 60+ vehicles. *ABC Plaza is located in a NEZ / Neighborhood Empowerment Zone. City of Laredo tax abatement programs are available.
PROPERTY TAXES
| Parcel Number | 159914 | Improvements Assessment | $180,922 |
| Land Assessment | $135,806 | Total Assessment | $316,728 |
PROPERTY TAXES
