Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1 S Main Ave Laredo, TX 78040

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Laredo hotel available for auction in April 2026.

    Property size:
    126,040 SF

    Property Features for 1 S Main Ave

    General Information

    Standard status
    Active
    Size
    126,040 SF

    Building Details

    Year built
    1975

    We can help!

    Listing Contact
    Derek Schuster
    Source: Crexi

    Listing Agency: Marcus & Millichap - Dallas Listing Agent: Derek Schuster

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Landmark Laredo Hotel For Sale

    The Landmark Laredo Hotel is available for sale. An auction event is scheduled for April 13-15, 2026. The property has a size of 126040 square feet.
    Location Intelligence

    Current Use by Public Records

    Laredo Hotel & Suites Hotel & Motel Polk Transportation LLC Trucking Company Rockland Construction Co ... Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.51308
    Latitude
    27.501065

    Nearby Similar for Sale

    • $300,000
      2,250 SF

      Retail Investment Opportunity in Laredo

      Income-producing retail unit in high-traffic Laredo corridor.
      620 W Calton Rd, Laredo, TX 78041
      View Details
    • $450,000

      Laredo Office with Highway Frontage

      Commercial property with high visibility and potential income.
      5320 Marina St, Laredo, TX 78046
      View Details
    • $700,000
      3,208 SF

      Mixed-Use Retail & Motel Investment

      Tenant-occupied mixed-use property with retail and residential units for sale.
      1402 Zaragoza St, Laredo, TX 78040
      View Details
    • $350,000

      Income Producing Multifamily Investment

      Multifamily 8-unit property in Laredo, TX, 100% tenant occupied.
      319 Hidalgo St, Laredo, TX 78040
      View Details
    • $390,000

      Retail Opportunity in Laredo, TX

      Retail property for sale in Laredo, Texas, 78045.
      12520 Mines Rd, Laredo, TX 78045
      View Details
    • $1,300,000

      Downtown Laredo Retail Opportunity

      Redevelopment opportunity in Laredo's cultural and historic corridor.
      800 Juarez Ave, Laredo, TX 78040
      View Details
    • $300,000

      Laredo Triplex with Gated Access

      One-story triplex with gated access, parking, and park proximity.
      2016 S India Ave, Laredo, TX 78046
      View Details
    • $2,900,000

      Laredo Warehouse Investment Opportunity

      Warehouse in Laredo, TX, currently rented in two sections.
      419 Grand Central Blvd, Laredo, TX 78045
      View Details
    • $3,500,000

      Laredo Industrial Property with Apartment

      Industrial building featuring offices, shop, and attached apartment.
      5508 E Saunders St, Laredo, TX 78041
      View Details
    • $180,000

      Laredo Office/Residential Opportunity

      Two lots with house/office, zoned R-O, great location.
      2419 Chihuahua St, Laredo, TX 78043
      View Details
    • $1,350,000

      Retail Opportunity in Laredo, TX

      Retail property for sale in Laredo, Texas.
      6408 Crescent Loop, Laredo, TX 78041
      View Details
    • Contact for pricing
      805.00 Acres

      805 Acres Ranch Land Laredo

      805 acres of ranch land for sale in Laredo, TX.
      1044 Rancho Penitas Rd, Laredo, TX 78045
      View Details

    FAQs

    What type of property is this?
    Hotel - Laredo hotel available for auction in April 2026.
    Where is this hotel located?
    The property is located at 1 S Main Ave Laredo, TX.
    What are key features of this property?
    This property features: - Landmark Laredo Hotel; - Auction Event: April 13-15 2026; - Starting Bid: $1,500,000
    Request Owner's contact information
    1 S Main Ave Laredo, TX 78040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 S Main Ave
    Laredo, TX 78040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 S Main Ave Laredo, TX 78040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Derek Schuster
    Real Estate License ID: 685656
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!