Storefront Space with Central
7913 MCPHERSON RD 111, Laredo, TX 78045
For Sale
Contact for pricing
B-1 zoning and central air are documented for this commercial space.
Property Size1,971 SF
Price / SF$2.13
Days on Market79
Property Features for 7913 MCPHERSON RD 111
General Information
Standard status
Size
Total Parking Spaces
Zoning
Taxes and HOA fees
Annual Taxes
Amenities
Central Air
Central
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Patty Pequeno Real Estate, LLC
Listed By:
Patricia Pequeno
(210) 501-4785
Source:
Evrealestate
Added: Aug 27
Changed: Nov 12
Last Checked: Nov 12 at 7:26AM
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 Patty Pequeno Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 1,971-square-foot storefront property was built in 2002 and has central air. The property is zoned B-1 and is located at 7913 McPherson Rd, Suite 111, in Laredo.
Key Highlights
- 1,971 square feet of storefront space
- B‑1 zoning
- Built in 2002
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,451
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,020
$409.0K
Cap Rate 7%
$292,157
$292.2K
Cap Rate 9%
$227,233
$227.2K
Market Conditions
NOI Build-Up for 1,971 SF
Gross rent
$31.9K $16.20/SF
− Vacancy
−$2.7K −$1.38/SF
EGI
$29.2K $14.82/SF
− OpEx
−$8.8K −$4.45/SF
NOI
$20.5K $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%
$409,020
Cap Rate 7%
$292,157
Cap Rate 9%
$227,233
Alternative Uses
Best Use
Retail
$292.2K
$255.6K – $340.9K
NOI $20,451 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$485.3K
$424.6K – $566.2K
NOI $33,969 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
Under-served
Demand for This Use
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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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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Carmin's Flower & Gift shop — 1202 E Del Mar Blvd, Laredo, TX 78041
- Calo Floral Designs — 8602 McPherson Rd STE 106, Laredo, TX 78045
Frequently Asked Questions
What type of property is this?
Storefront property - B-1 zoning and central air are documented for this commercial space.
Where is this storefront property located?
The property is located at 7913 MCPHERSON RD 111 Laredo, TX.
What are key features of this property?
This property features: 1,971 square feet of storefront space; B‑1 zoning; Built in 2002
