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Property profile & analytics
OFF-MARKET
Commercial real estate

1400 Hospitality Dr Laredo, TX 78045

2 ac lot
Property ID
US82-8177838
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2 ac (87,120 SF)
APN 989-47002-010
UPID US82-8177838
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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