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Property profile & analytics
OFF-MARKET
Day care centers

2110 Lomas Del Sur Blvd Laredo, TX 78046

55,660 SF Built 2010
Property ID
Property summary
AI-generated overview

South Gate Plaza, a prominent two-story retail center in Laredo, Texas, presents a compelling investment opportunity. This 55,660 square foot property, situated on a 105,850 square foot lot at 2110 Lomas Del Sur Boulevard (zip code 78046), boasts a diverse tenant mix of 29 businesses across 46 units, including medical offices, a pharmacy, daycare, and various retail establishments. The center enjoys a 63% occupancy rate, reflecting its strong appeal within the community. Built in 2010, the single building features convenient amenities such as a sprinkler system, an elevator, and three stairways, ensuring accessibility and safety for tenants and patrons. Recent upgrades include a new roof, enhancing the property's longevity and curb appeal. Strategically located near Highway 83 (Zapata Highway) and Loop 20, South Gate Plaza benefits from excellent visibility and accessibility. The property is zoned B-3 and offers 150 parking spaces for ample customer convenience. The surrounding area is experiencing significant residential growth, promising increased foot traffic and future business opportunities. This well-established center represents a strong investment in a dynamic and expanding market.

Property profile
Verified
Property type Day care centers
Year built 2010
Total area 55,660 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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