Tx-Hwy 255 Laredo, TX 78045
- Land
- 291.69 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tx-Hwy 255
- Lot size
- 291.69 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 291.688-acre industrial land parcel presents a remarkable investment opportunity in Laredo, Texas. Located in the rapidly expanding Mines Road Industrial Corridor, this property boasts over one mile of frontage on Highway 255, offering unparalleled accessibility and visibility. Its strategic proximity to the International Commerce Center Industrial Park and the Columbia Solidarity Bridge positions it ideally for significant future development. Currently unimproved, the land is annexed within the City of Laredo and zoned AG with a livestock tax designation. While not yet platted, city utilities are readily available in the nearby International Commerce Center Industrial Park. An existing electrical service line runs along the property's southern boundary. The asking price is $18,000,000, translating to $61,700 per acre, reflecting the scarcity of available land in this high-growth area. This pre-development pricing presents a unique chance to capitalize on the area's burgeoning industrial sector. Note that no minerals are included in the sale. This substantial acreage offers immense potential for various industrial uses, making it a compelling investment for discerning buyers seeking a strategic foothold in Laredo's thriving economy.
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
- -99.6905
- Latitude
- 27.7331
