Retail Storefront
For Sale
$390,000
12520 Mines Rd, Laredo, TX 78045
COMMERCIAL RETAIL/OFFICE, Laredo, TX
Property Size1,983 SF
Lot Size0.13 Acres
Price / SF$196.67
Days on Market278
Property Features for 12520 Mines Rd
General Information
Property type
Residential
Property subtype
Retail
Zoning
08 All of Mines Rd to IH
Lot features
City, Inside Lot
Subdivision
Webb
Standard status
Active
Size
1,983 SF
Lot size
0.13 Acres
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Zoned, Ductless, Central Air
Water source
Public
Building Details
Flooring type
Tile
Building materials
Brick Veneer
Listing Agency:
Keller Williams Laredo · Keller Williams Realty
(956) 797-7670
Listed By:
Florencio Villalpando · License #0488752
(210) 204-1966
Added: Jan 29
Changed: Oct 28
Last Checked: Nov 2 at 5:06PM
MLS# 20260511
Copyright © 2026 Laredo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail storefront property includes 1,983 square feet of commercial space on a 0.131-acre lot. The listing is identified under retail/storefront property types and is configured as a single commercial site suitable for small-format retail users.
The property is located at 12520 Mines Rd in Laredo, Texas 78045, within Webb County. Zoning is listed as “08 All of Mines Rd to IH,” which may be relevant for confirming permitted uses and development parameters for prospective tenants or buyers.
Because the offering is sized for a modest footprint, it may fit well for businesses that want an established retail storefront format without a large facility requirement. Interested parties should review the zoning information and confirm site and use specifics during underwriting and due diligence, particularly as it relates to intended retail operations at this location.
The property is located at 12520 Mines Rd in Laredo, Texas 78045, within Webb County. Zoning is listed as “08 All of Mines Rd to IH,” which may be relevant for confirming permitted uses and development parameters for prospective tenants or buyers.
Because the offering is sized for a modest footprint, it may fit well for businesses that want an established retail storefront format without a large facility requirement. Interested parties should review the zoning information and confirm site and use specifics during underwriting and due diligence, particularly as it relates to intended retail operations at this location.
Key Highlights
- Brick veneer exterior construction
- Tile flooring
- Central heating with electric heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,576
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,520
$411.5K
Cap Rate 7%
$293,943
$293.9K
Cap Rate 9%
$228,622
$228.6K
Market Conditions
NOI Build-Up for 1,983 SF
Gross rent
$32.1K $16.20/SF
− Vacancy
−$2.7K −$1.38/SF
EGI
$29.4K $14.82/SF
− OpEx
−$8.8K −$4.45/SF
NOI
$20.6K $10.38/SF
Area
Laredo, TX
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,520
Cap Rate 7%
$293,943
Cap Rate 9%
$228,622
Alternative Uses
Best Use
Retail
$293.9K
$257.2K – $342.9K
NOI $20,576 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$488.2K
$427.2K – $569.6K
NOI $34,176 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78045, TX
65,354
Population
21,669
Households
3
Avg Household Size
32
Median Age
35%
College-Educated
83%
High-School Grad
663.0 sq mi
ZIP Area
99
Density / Sq Mi
$89,334
Median Household Income
$46,929
Median Earnings
$1,404
Median Rent
$227,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - For sale retail storefront property on Mines Rd in Laredo, offering a compact site in Webb County.
Where is this storefront property located?
The property is located at 12520 Mines Rd Laredo, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Brick veneer exterior construction; Tile flooring; Central heating with electric heat
