Warehouse with Column-Free Dock
705 Enterprise St, Laredo, TX 78045
For Sale
Contact for pricing
The facility includes a guard shack and warehouse sections configured with dock access and rear loading doors.
Property Size37,424 SF
Price / SF$113.56
Days on Market44
Property Features for 705 Enterprise St
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Clear Span
Dock-High Doors
Drive-In Doors
Column Spacing
Additional Details
Highway Access
Property Use
Amenities
Guard Shack
Building Details
Building Size
Listing Agency:
Swisher and Martin Realty
Listed By:
Joey Ferguson · License TX #492776
(956) 324-5639
Source:
Crexi
Added: Sep 29
Changed: Nov 9
Last Checked: Nov 10 at 8:44AM
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 Swisher and Martin Realty
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Investment Insights
Based on property information with market context.
This warehouse and office property contains approximately 37,424 SF and includes a guard shack. One warehouse section has three dock doors and an open interior without columns. A separate rear area has two doors without docks, with 28-foot column spacing.
The property is in Interamerica Distribution Park, just off IH-69. The World Trade Bridge is described as minutes away, with access to Mines Road, IH-35 and Bob Bullock Loop 20. Nearby industrial parks named in the property information include Killam Industrial Park, Port Grande, Unitec Industrial Park, Pinnacle Industry Center and Sophia Industrial Park.
The property is in Interamerica Distribution Park, just off IH-69. The World Trade Bridge is described as minutes away, with access to Mines Road, IH-35 and Bob Bullock Loop 20. Nearby industrial parks named in the property information include Killam Industrial Park, Port Grande, Unitec Industrial Park, Pinnacle Industry Center and Sophia Industrial Park.
Key Highlights
- Approximately 37,424 SF of warehouse and office space
- Three dock doors in a column‑free warehouse area
- Two rear doors without docks; 28‑foot column spacing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$266,955
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,339,100
$5.3M
Cap Rate 7%
$3,813,643
$3.8M
Cap Rate 9%
$2,966,167
$3.0M
Market Conditions
NOI Build-Up for 37,424 SF
Gross rent
$327.8K $8.76/SF
− Vacancy
−$13.8K −$0.37/SF
EGI
$314.1K $8.39/SF
− OpEx
−$47.1K −$1.26/SF
NOI
$267.0K $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%
$5,339,100
Cap Rate 7%
$3,813,643
Cap Rate 9%
$2,966,167
Alternative Uses
Best Use
Warehouse
$3.81M
$3.34M – $4.45M
NOI $266,955 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.21M
$8.06M – $10.75M
NOI $644,980 @ 7.0% cap · market cap 15.18%
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
3
Dock-high doors
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
296
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 Industrial in South region
Similar Off Market Nearby
- U-Pack — 11802 Mines Rd, Laredo, TX 78045
Frequently Asked Questions
What type of property is this?
Warehouse - The facility includes a guard shack and warehouse sections configured with dock access and rear loading doors.
Where is this warehouse located?
The property is located at 705 Enterprise St Laredo, TX.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Approximately 37,424 SF of warehouse and office space; Three dock doors in a column‑free warehouse area; Two rear doors without docks; 28‑foot column spacing
