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    Property profile & analytics

    1202 Del Mar Blvd Laredo, TX 78041-2400

    • Strip malls
    • 21,320 SF
    • 1.42 lot acres
    OFF-MARKET
    Value Estimation
    $725,000
    Last Sale
    Jun 06, 2024
    Location Intelligence
    Property ID
    US82-3252400
    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

    • Josue Portable toilet / Portable Toilet Supplier
    • ANB Cattle Co / Ranch
    • THE NOOK AT DEL MAR / Gift Shop
    • Toño's Bar & Grill / Restaurant
    • Sweet Pastry Shoppe / Bakery

    Property Details for 1202 Del Mar Blvd

    Year built
    1993
    Lot size
    1.42 lot acres
    Property size
    21,320 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    909-20001-020
    APU
    90920001020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $810,000
      6.5%
      $850,000
      7%
      $820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $885,000
      Geo Method
      $865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $855,000
      Retail
      $1,015,000
      Mixed-Use
      $845,000
      Hospitality
      $860,000
      Educational
      $790,000
      Residential Income
      $785,000
      Energy
      $1,050,000
      Income-Based Land
      $955,000
      Food Service
      $935,000

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.4747
    Latitude
    27.5741
    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
    $13,523
    $692,323
    $1,407,677
    $2,100,000
    -
    $692,323
    $1,407,677
    $2,100,000

    Comparable in this City

    • Value Estimation
      $440,000
      4,275 SF

      Mims Ave

      SHOPPING CENTER, STRIP CENTER • 4,275 SF
      Mims Ave, Laredo, TX 78041
      View Details
    • Value Estimation
      $335,000
      2,016 SF

      317 Saunders St

      SHOPPING CENTER, STRIP CENTER • 2,016 SF
      317 Saunders St, Laredo, TX 78041-5159
      View Details
    • Value Estimation
      $390,000
      3,226 SF

      501 Saunders St

      SHOPPING CENTER, STRIP CENTER • 3,226 SF
      501 Saunders St, Laredo, TX 78041-5137
      View Details
    • Value Estimation
      $375,000
      2,670 SF

      3910 Saunders St

      SHOPPING CENTER, STRIP CENTER • 2,670 SF
      3910 Saunders St, Laredo, TX 78041-7600
      View Details
    • Value Estimation
      $350,000
      6,473 SF

      2202 Saunders St

      SHOPPING CENTER, STRIP CENTER • 6,473 SF
      2202 Saunders St, Laredo, TX 78041-2397
      View Details
    • Value Estimation by Request
      11,704 SF

      5118 Mcpherson Rd

      SHOPPING CENTER, STRIP CENTER • 11,704 SF
      5118 Mcpherson Rd, Laredo, TX 78041-7329
      View Details

    Similar Nearby for Sale

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      Corporate O’Reilly lease with a new 15-year term.
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      Laredo Retail Property: Prime Location

      High-traffic retail space, excellent investment.
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      Laredo Retail Space: Prime Location

      12,273 SF Retail Building, Texas
      1810 Commerce Dr, Laredo, TX 78041
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      High-Traffic Single Tenant NNN Property

      Single tenant NNN property with long-term lease and options.
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      High-traffic Laredo retail land, 28,896 SF.
      3810 Saunders St, Laredo, TX 78041
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    Similar Nearby for Lease

    • Contact for pricing
      1,168,422 SF

      Laredo Mall Retail Space Available

      Prime Laredo retail space, multiple units.
      5300 San Dario Ave, Laredo, TX 78041
      View Details
    • Contact for pricing
      93,000 SF

      Heb Shopping Center - San Dario

      Grocery-anchored retail space available
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      View Details
    • Contact for pricing
      3,117 SF

      Retail Space in North Creek Plaza

      3,117 SF retail space available for lease.
      7305 E Del Mar Blvd, Laredo, TX 78041
      View Details
    • Contact for pricing
      1,240 SF

      Retail Space in Plantation Centre

      Class A retail space in a premier Laredo location.
      1310 E Del Mar Blvd, Laredo, TX 78041
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    • Contact for pricing
      1,215 SF

      Retail Space Near Mall del Norte

      Retail space in a dominant Laredo power center.
      7309 E Del Mar Blvd, Laredo, TX 78041
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space in Plantation Centre

      Retail space available in a shopping center anchored by HEB.
      1408 E Del Mar Blvd, Laredo, TX 78041
      View Details
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    Laredo, TX 78041-2400
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    Realmo Value Estimation

    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.

    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.

    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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