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    Tx-Hwy 255 Laredo, TX 78045

    Sponsored
    For Sale
    $18,000,000

    Prime Laredo Industrial Land, 291 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 291.688-acre industrial land parcel presents a remarkable investment opportunity in Laredo, Texas. Located in the rapidly expanding Mines Road Industrial Corridor, this property boasts over one mile of frontage on Highway 255, offering unparalleled accessibility and visibility. Its strategic proximity to the International Commerce Center Industrial Park and the Columbia Solidarity Bridge positions it ideally for significant future development. Currently unimproved, the land is annexed within the City of Laredo and zoned AG with a livestock tax designation. While not yet platted, city utilities are readily available in the nearby International Commerce Center Industrial Park. An existing electrical service line runs along the property's southern boundary. The asking price is $18,000,000, translating to $61,700 per acre, reflecting the scarcity of available land in this high-growth area. This pre-development pricing presents a unique chance to capitalize on the area's burgeoning industrial sector. Note that no minerals are included in the sale. This substantial acreage offers immense potential for various industrial uses, making it a compelling investment for discerning buyers seeking a strategic foothold in Laredo's thriving economy.

    Property Features for 0 Tx-Hwy 255

    General Information

    Property type
    Land
    Lot Size
    12,705,929 SF

    HighLights

    • Raw land, no existing structures.
    • Over one mile of highway frontage on Hwy 255.
    • Electrical service line along the southern property boundary.
    • City utilities available nearby in International Commerce Center Industrial Park.
    • Unplatted but annexed into the City of Laredo.
    • Zoned AG, with livestock tax designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.690471829963
    Latitude
    27.733135425282

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    FAQs

    What type of property is this?
    Land - Prime Laredo Industrial Land, 291 Acres
    Where is this land located?
    The property is located at Tx-Hwy 255 Laredo, TX.
    What is the asking price?
    The asking price for this property is $18,000,000.
    What are key features of this property?
    This property features: Raw land, no existing structures.; Over one mile of highway frontage on Hwy 255.; Electrical service line along the southern property boundary.
    Request Owner's contact information
    Tx-Hwy 255 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
    Tx-Hwy 255 Laredo, TX 78045
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