Tx-255 Laredo, TX 78045
- Land
- 197.89 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tx-255
- Lot size
- 197.89 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.7408
- Latitude
- 27.7037
