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Property profile & analytics
OFF-MARKET
Office buildings
1019 Mier St Laredo, TX 78040-4621
Individually Owned
2-yr Hold
Free & Clear
Property ID
US82-3749287
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1799
Total area
2,969 SF
Lot
0.41 ac (17,940 SF)
APN
335-00597-040
UPID
US82-3749287
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
Current use
Occupant on record · Public records
-
KELT Radio Station Radio Station Telecommunications Service
-
Alcan Contracting LLC General Contractor
-
Carrousel Medical Transport Freight Service Logistics Company
-
Labcorp Laredo PSC Medical Laboratory
-
ALTUS Construction General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cristobal Rodriguez · 2 yrs held
Cristobal Rodriguez
since 2023
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Laredo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laredo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,220
Tax year 2022
Assessed value
$452,263
Assessed 2023
Previous assessed
$452,263
+0.0% YoY
Effective rate
0.27%
On assessed value
Assessed land
$136,164
Assessed improvement
$316,099
Land market value
$136,164
Improvement market value
$316,099
Total market value
$452,263
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1799
Heating
NONE
Stories
2
Total area
2,969 SF
Lot
0.41 ac (17,940 SF)
APN
335-00597-040
UPID
US82-3749287
Jurisdiction
WEBB
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1799
Heating
NONE
Stories
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Cristobal Rodriguez
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 720544, MCALLEN, TX 78504-0544
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
—
Cristobal Rodriguez
Carrousel Healthcare Systems INC
Warranty Deed
—
Jun 17, 2021
—
Carrousel Healthcare Systems INC
Patricia Schuessler De Riddle
Venders Lien
$156,000 · Vantage Bank Texas
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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