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    Land

    83 Frontage Rd, Laredo, TX 78046

    Property ID
    Property summary
    AI-generated overview

    This exceptional 39,672 square foot commercial lot, located at 3610 S. US Hwy 83 in Laredo, Texas (zip code 78046), presents a unique development opportunity. Situated within the Lafons Master Planned Community, this B-3 zoned property offers significant potential. The total lot size is approximately 1.177 acres, with approximately 1.911 acres usable and 0.266 acres unusable. The property benefits from a thriving residential trade area, with numerous single-family master-planned communities currently under construction and 12 acres designated for future multi-family development within Lafons. The location provides convenient access to a variety of national and local businesses, including restaurants, grocery stores, and big-box retailers. Furthermore, the area boasts five newer schools and the Laredo College - South Campus, contributing to a strong and growing community. The property's APN is 397887 and its Geo ID is 978-32001-030. This land is ready for immediate development, offering a compelling investment opportunity in a dynamic and expanding market. The property is located on U.S. 83 Frontage Rd in Webb County.

    Property profile
    Verified
    Property type Land
    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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