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    308 International Blvd Laredo, TX 78045

    Sponsored
    For Sale
    $916,973

    Prime Laredo land, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a unique investment opportunity in Laredo, Texas. Two tracts are available, totaling approximately 2.65 acres, with a smaller option of approximately 1.32 acres also available. Both tracts are priced at $7.95 per square foot, resulting in a total asking price of $916,973 for the larger tract and $457,359 for the smaller tract. The property boasts a highly desirable location, situated a quarter-mile east of I-35 and a quarter-mile west of the Springfield extension, ensuring excellent visibility and accessibility. High traffic counts are a key feature, with 11,545 vehicles per day on International Boulevard, 5,154 vehicles per day on Michigan Avenue, and 16,884 vehicles per day on I-35 North. Currently zoned R-3, the property's zoning can be modified to B-3, opening up a wide range of development possibilities. This versatile site is well-suited for commercial, light industrial, self-storage, or high-density residential projects, making it an attractive proposition for discerning investors seeking a prime location with significant development potential in a rapidly growing area. The address is 308 International Blvd, Laredo, TX 78045, in Webb County.

    Property Features for 308 International Blvd

    General Information

    Property type
    Land
    Lot Size
    57,499 SF

    HighLights

    • $916,973 asking price for 2.65 acres of commercial land.
    • $7.95 per square foot land value.
    • 1.32 to 2.65 acres available.
    • R‑3 zoning, with potential for B‑3 rezoning.
    • Excellent location near I‑35 and Springfield extension, with high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.495886022117
    Latitude
    27.578210548502

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    FAQs

    What type of property is this?
    Land - Prime Laredo land, ideal for various uses.
    Where is this land located?
    The property is located at 308 International Blvd Laredo, TX.
    What is the asking price?
    The asking price for this property is $916,973.
    What are key features of this property?
    This property features: $916,973 asking price for 2.65 acres of commercial land.; $7.95 per square foot land value.; 1.32 to 2.65 acres available.
    Request Owner's contact information
    308 International Blvd Laredo, TX 78045
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 International Blvd Laredo, TX 78045
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