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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11802 Mines Rd Laredo, TX 78045-8477

    • Warehouses
    • 32,226 SF
    • 25.04 lot acres
    OFF-MARKET
    Value Estimations
    $1,050,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2127093
    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

    • Wingfoot Commercial Tire Systems / (Bike/Boat/Book/etc) Store / Auto Parts Store
    • ABF Freight / Trucking Company
    • U-Pack / Moving Company

    Property Details for 11802 Mines Rd

    Year built
    2000
    Lot size
    25.04 lot acres
    Property size
    32,226 SF
    Property type
    Warehouses
    APN
    942-71001-010
    APU
    94271001010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,190,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $907,000
      Market price range: $175k - $907k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,620,000
      NEIGHBORHOOD: SHOPPING CENTER
      $1,155,000
      RETAIL STORES
      $1,095,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.5214
    Latitude
    27.6042
    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
    $27,567
    $2,999,542
    $2,600,458
    $5,600,000
    -
    $2,999,542
    $2,600,458
    $5,600,000

    Comparable in this City

    • Value Estimation
      $1,705,000
      253,020 SF

      8510 Bob Bullock Loop, Unit 20

      WAREHOUSE, STORAGE • 253,020 SF
      8510 Bob Bullock Loop, Laredo, TX 78045-1879
      View Details
    • Value Estimation
      $1,510,000
      212,604 SF

      401 Logistics

      WAREHOUSE, STORAGE • 212,604 SF
      401 Logistics, Laredo, TX 78045-8917
      View Details
    • Value Estimation
      $2,495,000
      107,644 SF

      13520 Mercury Dr

      WAREHOUSE, STORAGE • 107,644 SF
      13520 Mercury Dr, Laredo, TX 78045-3670
      View Details
    • Value Estimation
      $2,640,000
      289,494 SF

      12013 General Milton

      WAREHOUSE, STORAGE • 289,494 SF
      12013 General Milton, Laredo, TX 78045-1885
      View Details
    • Value Estimation
      $3,185,000
      234,025 SF

      11302 Eastpoint Dr

      WAREHOUSE, STORAGE • 234,025 SF
      11302 Eastpoint Dr, Laredo, TX 78045-6622
      View Details
    • Value Estimation
      $1,005,000
      36,972 SF

      1657 World Trade Ctr Loop

      WAREHOUSE, STORAGE • 36,972 SF
      1657 World Trade Ctr Loop, Laredo, TX 78045-7992
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10.99 Acres

      Laredo Warehouse: 119,600 SF

      Class A warehouse, Laredo, TX. Prime location.
      19926 Kraus Lp, Laredo, TX 78045
      View Details
    • $2,900,000

      Laredo Warehouse Investment Opportunity

      Warehouse in Laredo, TX, currently rented in two sections.
      419 Grand Central Blvd, Laredo, TX 78045
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    • Contact for pricing
      43,560 SF

      Laredo Warehouse: 43,560 SF

      Prime Laredo industrial space, flexible lease options.
      14405 Import Rd, Laredo, TX 78045
      View Details
    • Contact for pricing
      238,000 SF

      Class-A Industrial Building For Sale

      238,000 SF Class-A industrial building in Laredo, Texas.
      1203 Reuthinger Pkwy, Laredo, TX 78045
      View Details
    • Contact for pricing
      123,335 SF

      Laredo Warehouse: 123,335 SF

      Prime Laredo industrial space. Ready for immediate occupancy.
      4420 Trade Center Blvd, Laredo, TX 78045
      View Details
    • Contact for pricing
      46,068 SF

      Laredo Warehouse Space Available

      46,068 SF warehouse space for sale or lease.
      9200 San Mateo Dr, Laredo, TX 78045
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      2,920 SF

      Shiloh Drive Warehouse Opportunity

      2,920 SF Warehouse, Webb County
      401 Shiloh Dr, Laredo, TX 78045
      View Details
    • Contact for pricing
      262,080 SF

      Laredo Warehouse Space Available

      262,080 square foot warehouse space for lease in Laredo.
      41552 Fm 1472, Laredo, TX 78045
      View Details
    • Contact for pricing
      99,702 SF

      Laredo Warehouse: Premier Location

      Modern industrial warehouse, 99,702 sq ft.
      102 Tottenham Dr, Laredo, TX 78045
      View Details
    • Contact for pricing
      86,310 SF

      Modern Laredo Warehouse - 86,310 SF

      Single-tenant warehouse, Laredo, TX. Excellent location & modern construction.
      172 Interamerica Blvd, Laredo, TX 78045
      View Details
    • Contact for pricing
      249,996 SF

      Laredo Cross-Dock Distribution Center

      249,996 SF cross-dock warehouse with ample trailer parking available for lease.
      246 Blue Rdg Pkwy, Laredo, TX 78045
      View Details
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    11802 Mines Rd
    Laredo, TX 78045-8477
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    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
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