Warehouse with I-35
For Sale
$990,000
2818 Santa Ursula Ave, Laredo, TX 78045
The property is currently leased under a two-year contract.
Property Size7,626 SF
Price / SF$129.82
Days on Market214
Property Features for 2818 Santa Ursula Ave
General Information
Standard status
Active
Size
7,626 SF
Property subtype
Commercial/Industrial
Site & Location
Neighborhood
Los Amores
Highway Access
Yes
Additional Details
Warehouse Space
7,626 SF
Tenant in Place
Yes
Listing Agency:
Leonelo Cruz Real Estate Com
Listed By:
Leonelo Cruz
(956) 724-3333
Source:
Leonelocruz
Added: Mar 30
Changed: Oct 29
Last Checked: Oct 29 at 2:46PM
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 Leonelo Cruz Real Estate Com
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,626-square-foot warehouse is currently occupied under a two-year contract. Its position on Santa Ursula Avenue includes direct frontage along I-35, combining an established avenue address with highway exposure.
The property is located in Laredo, Texas, at 2818 Santa Ursula Ave. The warehouse’s existing occupancy and direct I-35 frontage are key features of the offering.
The property is located in Laredo, Texas, at 2818 Santa Ursula Ave. The warehouse’s existing occupancy and direct I-35 frontage are key features of the offering.
Key Highlights
- 7,626 square feet of warehouse space
- Currently rented under a two‑year contract
- Direct frontage to I‑35 on Santa Ursula Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,398
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,087,960
$1.1M
Cap Rate 7%
$777,114
$777.1K
Cap Rate 9%
$604,422
$604.4K
Market Conditions
NOI Build-Up for 7,626 SF
Gross rent
$66.8K $8.76/SF
− Vacancy
−$2.8K −$0.37/SF
EGI
$64.0K $8.39/SF
− OpEx
−$9.6K −$1.26/SF
NOI
$54.4K $7.13/SF
Area
Laredo, TX
Vacancy
4.20%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,087,960
Cap Rate 7%
$777,114
Cap Rate 9%
$604,422
Alternative Uses
Best Use
Warehouse
$777.1K
$680.0K – $906.6K
NOI $54,398 @ 7.0% cap · market cap 5.49%
Second Best
Industrial
$721.9K
$631.7K – $842.2K
NOI $50,532 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,430 @ 7.0% cap · market cap 13.28%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
949
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Alexander Global, Inc. — 1901 Jefferson St, Laredo, TX 78040
- Mini storages Climate Controlled — Laredo, TX 78041
Frequently Asked Questions
What type of property is this?
Warehouse - The property is currently leased under a two-year contract.
Where is this warehouse located?
The property is located at 2818 Santa Ursula Ave Laredo, TX.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 7,626 square feet of warehouse space; Currently rented under a two‑year contract; Direct frontage to I‑35 on Santa Ursula Avenue
