2110 Lomas Del Sur Blvd Laredo, TX 78046
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.