Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1015 Sanchez St Laredo, TX 78040-4821

    • Auto shops
    • 4,504 SF
    • 0.10 lot acres
    OFF-MARKET
    Last Sale
    Mar 03, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4104576
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • GiTDaT MotorSports Inc. / Auto Repair Shop

    Property Details for 1015 Sanchez St

    Year built
    1974
    Lot size
    0.10 lot acres
    Property size
    4,504 SF
    Property type
    Auto shops
    APN
    108-00370-080
    APU
    10800370080

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.5061
    Latitude
    27.516
    CBSA code
    29700
    CBSA name
    LAREDO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $980
    $37,758
    $128,395
    $166,153
    -
    $37,758
    $128,395
    $166,153

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      2808 San Eduardo Ave

      AUTO REPAIR, GARAGE • 3,600 SF
      2808 San Eduardo Ave, Laredo, TX 78040
      View Details
    • Value Estimation by Request
      4,900 SF

      2219 Bruni St

      AUTO REPAIR, GARAGE • 4,900 SF
      2219 Bruni St, Laredo, TX 78040-4714
      View Details
    • Value Estimation by Request
      2,400 SF

      1920 Santa Maria Ave

      AUTO REPAIR, GARAGE • 2,400 SF
      1920 Santa Maria Ave, Laredo, TX 78040-6721
      View Details
    • Value Estimation by Request
      4,200 SF

      1419 Springfield Ave

      AUTO REPAIR, GARAGE • 4,200 SF
      1419 Springfield Ave, Laredo, TX 78040-7959
      View Details
    • Value Estimation
      $1,040,000
      16,532 SF

      300 Locust St

      AUTO REPAIR, GARAGE • 16,532 SF
      300 Locust St, Laredo, TX 78040
      View Details
    • Value Estimation by Request
      6,052 SF

      2220 Monterrey Ave

      AUTO REPAIR, GARAGE • 6,052 SF
      2220 Monterrey Ave, Laredo, TX 78040-3240
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,340 SF

      Laredo Retail Space - San Dario Ave

      High-traffic Laredo retail space; 4,340 sq ft.
      1809 San Dario Ave, Laredo, TX 78040
      View Details
    • $1,700,000

      Laredo Office Building - Prime Location

      Executive Office Space, High Visibility, 12,990 SF Lot
      917 Farragut St, Laredo, TX 78040
      View Details
    • Contact for pricing
      12,404 SF

      Laredo Retail Property - Owner Finance Available

      Prime Laredo Retail Land, 12,404 SF
      401 Stewart St, Laredo, TX 78040
      View Details
    • Contact for pricing
      6,173 SF

      Lincoln Street Retail Opportunity

      Prime Laredo Retail Space, 6,173 SF
      1114 Lincoln St, Laredo, TX 78040
      View Details
    • Contact for pricing
      5,286 SF

      Laredo Retail Property: Prime Location

      Income-producing retail space, expansion potential.
      1209 Iturbide St, Laredo, TX 78040
      View Details
    • New
      $700,000
      3,208 SF

      Mixed-Use Retail & Motel Investment

      Tenant-occupied mixed-use property with retail and residential units for sale.
      1402 Zaragoza St, Laredo, TX 78040
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,940 SF

      Downtown Laredo Retail/Office Space

      Retail or office space available for lease in Downtown Laredo.
      909 Farragut St, Laredo, TX 78040
      View Details
    • $5,370 /Mo

      Downtown Laredo Retail Space Available

      5,370 SF retail space in downtown Laredo, Texas.
      1020 Santa Maria Ave, Laredo, TX 78040
      View Details
    • Contact for pricing
      7,348 SF

      Downtown Laredo Restaurant/Event Space

      Move-in ready restaurant/event center in downtown Laredo for lease.
      901 Iturbide St, Laredo, TX 78040
      View Details
    • Contact for pricing
      29,128 SF

      Clark Blvd Retail Center

      High-traffic retail spaces available
      201 Clark Blvd, Laredo, TX 78040
      View Details
    • Contact for pricing
      6,698 SF

      Laredo Retail Space - Prime Location

      Former bank, high traffic, 6,698 sqft
      917 Farragut St, Laredo, TX 78040
      View Details
    • Contact for pricing
      12,268 SF

      Downtown Retail Space with Charm

      Two-story retail space in a prime downtown location.
      500 Flores Ave, Laredo, TX 78040
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1015 Sanchez St
    Laredo, TX 78040-4821
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!