Retail and Office Space
1919 E Saunders St, Laredo, TX 78041
For Sale
Contact for pricing
Pending
Multi-tenant neighborhood shopping center with retail, office, and service garage.
Property Size5,716 SF
Days on Market357
Property Features for 1919 E Saunders St
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Building Details
Year Built
Stories
Tenancy
Listing Agency:
Jackson Real Estate Group
Listed By:
Creston Jackson · License TX #0516124
From the agent's profile:
(956) 763-0629, (956) 722-9400
Source:
Crexi
Added: Nov 22, 2025
Changed: Nov 7
Last Checked: Nov 12 at 5:53AM
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
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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 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 / Yr
$59,310
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
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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.
