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    Tx-255 Laredo, TX 78045

    Sponsored
    For Sale
    $18,800,000

    197 Acres, Laredo, TX Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 197.89-acre industrial land parcel presents a unique investment opportunity in Laredo, Texas's rapidly expanding Columbia Bridge Corridor. Priced at $18,800,000 ($95,000/acre), this property is ideally suited for near-shoring, cold storage distribution, and logistics businesses. A portion of the land is situated on Highway 255 and has been annexed, with the platting process underway. Adjacent landowners are also developing industrial parks, creating a synergistic environment for future growth. Access is provided via F.M. 1472/Mines Road and Highway 255. An electrical service line runs along the southern boundary, and City of Laredo utilities are nearby. While currently zoned AG with a livestock tax designation and unplatted, the property is within the City of Laredo's extraterritorial jurisdiction (ETJ). Note that a small cemetery is located on the property, and no mineral rights are included in the sale. This prime location offers investors and end-users unparalleled potential to lead industrial development in this burgeoning area. The property currently has no improvements.

    Property Features for 0 Tx-255

    General Information

    Property type
    Land
    Lot Size
    8,620,088 SF

    HighLights

    • Raw land, no improvements.
    • Frontage on FM 1472/Mines Road and Hwy 255.
    • Electrical service available at south property line.
    • City of Laredo utilities nearby.
    • Unplatted, partially annexed; located within the City of Laredo ETJ.
    • Zoned AG, livestock tax designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.740787566466
    Latitude
    27.703650648437

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    FAQs

    What type of property is this?
    Land - 197 Acres, Laredo, TX Industrial Land
    Where is this land located?
    The property is located at Tx-255 Laredo, TX.
    What is the asking price?
    The asking price for this property is $18,800,000.
    What are key features of this property?
    This property features: Raw land, no improvements.; Frontage on FM 1472/Mines Road and Hwy 255.; Electrical service available at south property line.
    Request Owner's contact information
    Tx-255 Laredo, TX 78045
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    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

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    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-255 Laredo, TX 78045
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