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5064 E Saunders St - Casa Blanca Event Center

24,539 SF Specialty Building Offered at $8,674,200 CAD in Laredo, TX 78041

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Investment Highlights

This property features 14.12 Acres of Prime Property off US Hwy 59 and Loop 20 ideal for a Shopping/Retail Center.
Zoned B-4 has potential for a variety of different business opportunities.

24,000(+) Sq Ft Building ready for use as a multi-purpose center for a variety of events.

Executive Summary

This 14+ acre piece of property is ideal for many opportunities but would be best utilized as a new Shopping/Retail Center with plenty of growth potential. It is zoned B4. The floor plan for event center that is located in the middle of the property can be renovated to conform to new business. It could also be demolished to accommodate a new site plan. This is one of a few properties with over 10 acres of commercial land in the middle/north part of Laredo. It is suitable for someone looking for exclusive choice of restrictions. The traffic count in this area is 29,000 as per 2008 Laredo Urban Traffic Map and 48,727 as per 2017 District Traffic Web Viewer.

Survey

Property Facts

Price	$8,674,200 CAD	Lot Size	14.12 AC
Price Per SF	$353 CAD	Building Size	24,539 SF
Sale Type	Investment or Owner User	No. Stories	1
Property Type	Specialty	Year Built	1959
Property Subtype	Lodge/Meeting Hall	Parking Ratio	8.15/1,000 SF
Building Class	B

Price	$8,674,200 CAD
Price Per SF	$353 CAD
Sale Type	Investment or Owner User
Property Type	Specialty
Property Subtype	Lodge/Meeting Hall
Building Class	B
Lot Size	14.12 AC
Building Size	24,539 SF
No. Stories	1
Year Built	1959
Parking Ratio	8.15/1,000 SF

Amenities

Signage

Air Conditioning

About 5064 E Saunders St , Laredo, TX 78041

This event center was built in 1959 and has had a number of renovations throughout the years. The roof was last replaced 2 years ago and carries a 20 year warranty. Some of the AC units were also replaced a few months ago. There have been many events held here including weddings, conferences, concerts, dances, and boxing/wrestling events. The owners are looking to relocate their business and provide the opportunity for a company to better utilize the 14 acres of prime commercial property.

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