Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    216 Vlg Blvd Ste 202a Laredo, TX 78041-2317

    • Commercial real estate
    • 545 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8735249
    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

    • Firewood Laredo TX / Big Box & Wholesale Store
    • Cigna / Corporate Office
    • Legal Evidence Corp / IT Consulting Firm / Tech Support Center
    • JCA Law, PLLC / Law Firm
    • Luos Offices / Real Estate Agency / Coworking & Hybrid Office

    Property Details for 216 Vlg Blvd Ste 202a

    Year built
    2006
    Lot size
    0.02 lot acres
    Property size
    545 SF
    Property type
    Commercial real estate
    APN
    976-10003-212
    APU
    97610003212

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.5006
    Latitude
    27.5648
    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
    $684
    $12,898
    $90,174
    $103,072
    -
    $12,898
    $90,174
    $103,072

    Comparable in this City

    • Value Estimation by Request
      0.70 Acres

      Las Aldeas

      Land • 0.70 Acres
      0 Las Aldeas, Laredo, TX 78041
      View Details
    • Value Estimation by Request
      0.15 Acres

      917 Olive St

      COMMERCIAL (GENERAL) • 0.15 Acres
      917 Olive St, Laredo, TX 78041
      View Details
    • Value Estimation by Request

      2015 Pappas St

      COMMERCIAL (GENERAL)
      2015 Pappas St, Laredo, TX 78041-5480
      View Details
    • Value Estimation by Request
      0.02 Acres

      1820 Pappas St

      COMMERCIAL (GENERAL) • 0.02 Acres
      1820 Pappas St, Laredo, TX 78041-5410
      View Details
    • Value Estimation by Request
      0.35 Acres

      1719 Hillside Rd

      COMMERCIAL (GENERAL) • 0.35 Acres
      1719 Hillside Rd, Laredo, TX 78041-3316
      View Details
    • Value Estimation by Request

      4015 Jarvis Ave

      COMMERCIAL (GENERAL)
      4015 Jarvis Ave, Laredo, TX 78041-5478
      View Details

    Similar Nearby for Sale

    • $1,400,000

      Laredo Commercial Property - Prime Location

      11-Office Building, Ample Parking, High-Demand Area
      5612 Mall Del Norte Rd, Laredo, TX 78041
      View Details
    • Contact for pricing
      28,896 SF

      Saunders Street Commercial Land

      High-traffic Laredo retail land, 28,896 SF.
      3810 Saunders St, Laredo, TX 78041
      View Details
    • Contact for pricing
      2.97 Acres

      Laredo Commercial Land - 2.97 Acres

      High-traffic location, excellent visibility, ideal for development.
      6600 Mcpherson Rd, Laredo, TX 78041
      View Details
    • Contact for pricing

      Laredo Executive Office Suite

      Turnkey Office Space, Shared Amenities
      107 Calle Del Norte, Laredo, TX 78041
      View Details
    • Contact for pricing
      0.70 Acres

      Las Aldeas

      Land • 0.70 Acres
      0 Las Aldeas, Laredo, TX 78041
      View Details
    • $1,490,000
      5,000 SF

      Laredo Retail Property: Prime Location

      High-traffic retail space, excellent investment.
      5507 Mcpherson Rd, Laredo, TX 78041
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      156,962 SF

      Laredo Warehouse: 156,962 SF

      Class A Warehouse, Laredo, TX
      7842 Bob Bullock Loop, Laredo, TX 78041
      View Details
    • Contact for pricing
      18,013 SF

      Laredo Office Space: 3 Suites Available

      Prime Laredo location, multiple office suites.
      5700 Springfield Ave, Laredo, TX 78041
      View Details
    • Contact for pricing
      6,360 SF

      Retail Space on San Dario

      Retail space available for lease on San Dario Avenue.
      4600-4817 San Dario Ave, Laredo, TX 78041
      View Details
    • Contact for pricing
      217,268 SF

      Laredo Warehouse: Prime Location

      Class A Warehouse, 217,268 SF
      7842 Bob Bullock Loop, Laredo, TX 78041
      View Details
    • Contact for pricing

      Fenced Land with Office Space

      5-acre commercial land with office, ideal for trucking companies.
      4420 E Saunders St, Laredo, TX 78041
      View Details
    • Contact for pricing
      3,651 SF

      Laredo Retail Space for Lease

      Versatile retail spaces available in Laredo's entertainment district.
      2401 Jacaman Rd, Laredo, TX 78041
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    216 Vlg Blvd Ste 202a
    Laredo, TX 78041-2317
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.