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0 Tx-255 Laredo, TX 78045

OFF-MARKET Land Google Maps
197.89 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 197.89 ac (8,620,088 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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