Retail and Office Space
For Sale
Contact for pricing
Pending
1919 E Saunders St, Laredo, TX 78041
Multi-tenant neighborhood shopping center with retail, office, and service garage.
Property Size5,716 SF
Days on Market310
Property Features for 1919 E Saunders St
General Information
Standard status
Pending
Size
5,716 SF
Property subtype
Retail, Office
Zoning
R-1
Occupancy
90%
Lease Type
Net
Investment Type
Stabilized
Building Details
Year Built
1972
Stories
1
Tenancy
Multi
Listing Agency:
Jackson Real Estate Group
Listed By:
Creston Jackson · License #0516124
Source:
Crexi
Added: Nov 22, 2025
Changed: Sep 20
Last Checked: Sep 26 at 5:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jackson Real Estate Group
Investment Insights
Based on property information with market context.
This multi-tenant neighborhood shopping center offers 4,276 square feet of retail or office space and 1,440 square feet of service garage. The property is located on a high-traffic corner lot with access from Saunders Street and Buena Vista. The location is across from a McDonald's and LMC Hospital.
Key Highlights
- Exceptional high‑traffic corner lot location with access from two streets.
- Located across from McDonald's and LMC Hospital.
- Multi‑tenant neighborhood shopping center.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,310
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,186,200
$1.2M
Cap Rate 7%
$847,286
$847.3K
Cap Rate 9%
$659,000
$659.0K
Market Conditions
NOI Build-Up for 5,716 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$92.6K $16.20/SF
− Vacancy
−$7.9K −$1.38/SF
EGI
$84.7K $14.82/SF
− OpEx
−$25.4K −$4.45/SF
NOI
$59.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,186,200
Cap Rate 7%
$847,286
Cap Rate 9%
$659,000
Alternative Uses
Best Use
Retail
$847.3K
$741.4K – $988.5K
NOI $59,310 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,512 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78041, TX
48,491
Population
16,760
Households
2.9
Avg Household Size
34
Median Age
28%
College-Educated
75%
High-School Grad
17.4 sq mi
ZIP Area
2,787
Density / Sq Mi
$61,007
Median Household Income
$29,739
Median Earnings
$956
Median Rent
$216,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant neighborhood shopping center with retail, office, and service garage.
Where is this shopping center located?
The property is located at 1919 E Saunders St Laredo, TX.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Exceptional high‑traffic corner lot location with access from two streets.; Located across from McDonald's and LMC Hospital.; Multi‑tenant neighborhood shopping center.
