11204 Mcpherson Rd Laredo, TX 78045
- Industrial properties
- 40,136 SF
- 7.20 lot acres
Current Use by Public Records
- Livingston International / Customs Broker
- US Attorney / Attorney / Federal Government Office
- Ruiz Homes / Home Builder
- Gilpin Engineering Co / Land Surveyor / Engineer
- Aquero Tile / Building Materials Supplier
Property Details for 11204 Mcpherson Rd
- Year built
- 2006
- Lot size
- 7.20 lot acres
- Property size
- 40,136 SF
- Property type
- Industrial properties
- APN
- 977-30003-060
- APU
- 97730003060
Description
This exceptional 80,473-square-foot Class A flex space building is situated in a highly sought-after Laredo, Texas business park. Built in 2006 and renovated in 2018, the property boasts a well-balanced tenancy between office and warehouse users, making it ideal for a variety of businesses. The building features a 24-foot ceiling height and sits on a 7.2-acre lot, zoned M-1. Its strategic location within Milo Industrial Park provides immediate access to Loop 20 and Interstate Highway 35, offering unparalleled connectivity. The property's proximity to key amenities is a significant advantage. It's just three miles from the World Trade Bridge and less than a mile from a vibrant retail area, including a grocery store, coffee shops, restaurants, and banks. Furthermore, its location is less than a mile from Doctors Hospital and a rapidly expanding residential neighborhood, ensuring a strong workforce pool and convenient access for employees. This multi-tenant property presents a rare opportunity to acquire a well-maintained, strategically located industrial flex space in a thriving Texas market. The building's modern design and convenient location make it an attractive investment for businesses seeking a high-quality space in a dynamic area.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $1,460,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,312,000
Market price range: $753k - $1.31M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,040,000 Current use
- MEDICAL BUILDING
- $2,215,000 Change: +113% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,015,000 Change: +94% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,440,000 Change: +38% Conversion: Difficult
- RETAIL STORES
- $1,365,000 Change: +31% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Laredo
- County
- Webb
- State
- Texas
- Longitude
- -99.4785
- Latitude
- 27.6162
- CBSA code
- 29700
- CBSA name
- LAREDO, TX METROPOLITAN STATISTICAL AREA
