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Property profile & analytics
OFF-MARKET
Land

0 Tx-Hwy 255 Laredo, TX 78045

291.69 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 291.69 ac (12,705,929 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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