1400 Hospitality Dr Laredo, TX 78045
This exceptional 2-acre commercial and residential lot, located at 1400 Hospitality Dr in Laredo, Texas (zip code 78045), presents a unique investment opportunity. Priced at $1,790,000, this property boasts a desirable B3 zoning designation, allowing for a wide range of development possibilities, including residential, multi-family, or commercial projects. The land is conveniently situated near Doctors Hospital and offers excellent visibility due to its city street frontage. The lot is flat and cleared, minimizing pre-development costs, and features readily available utilities including public water, sewer, electricity, and telephone service. The APN is 989-47002-010. With its strategic location, versatile zoning, and readily available infrastructure, this property represents a compelling opportunity for developers and investors seeking a high-potential project in a thriving Texas market. The land value is $19.97 per square foot. This is a blank canvas ready for your vision. Don't miss this chance to acquire a prime piece of Laredo real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.