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5103 US Highway 59 23,580 SF Industrial Building Laredo, TX 78041 $1,309,000 ($55.51/SF)

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Investment Highlights

±23,580 SF of total improvements, including warehouse, canopy, and office spaces.
Equipped with two office areas, suitable for administrative or customer operations.
Currently utilized as an automotive repair facility, adaptable for various industries.

Located on ±1.69 acres near major arterials in high-traffic US-59 corridor.
Concrete-paved parking with 21 spaces and ample outdoor work/storage area.
B-3 zoning supports light industrial, retail-service, and specialty commercial use.

Executive Summary

Located on a generous 1.69-acre lot, the property offers versatile space well-suited for various business applications. With a total of 23,580 sq ft, the property has a 10,800-sq-ft warehouse and an additional 10,800 sq ft of carport space, providing ample room for operations ranging from a mechanic shop to a tire repair facility or a pottery wholesale business. The B-3 zoning presents a variety of opportunities for commercial ventures.

Property Facts

Price	$1,309,000	Lot Size	1.70 AC
Price Per SF	$55.51	Rentable Building Area	23,580 SF
Sale Type	Investment or Owner User	No. Stories	1
Property Type	Industrial	Year Built	1997
Property Subtype	Warehouse Flex Light Manufacturing General Retail Auto Repair Industrial Service	Tenancy	Single
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-3

Price	$1,309,000
Price Per SF	$55.51
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing General Retail Auto Repair Industrial Service
Building Class	B
Lot Size	1.70 AC
Rentable Building Area	23,580 SF
No. Stories	1
Year Built	1997
Tenancy	Single
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-3