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

    2455 Monarch Dr Laredo, TX 78045-6002

    • Drive through restaurants
    • 2,565 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimations
    $270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1194365
    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

    • ArmsOfHope Drop Box Only / Donations Center
    • Taco Bell / Mexican Restaurant / Burrito Restaurant
    • Clutch Batting Facility / Sports Club
    • TX Fine Furniture / Furniture Store
    • Cavender’s Western Outfitter / Western Apparel Store / Clothing Store

    Property Details for 2455 Monarch Dr

    Year built
    2014
    Lot size
    0.60 lot acres
    Property size
    2,565 SF
    Property type
    Drive through restaurants
    APN
    977-70001-032
    APU
    97770001032

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $315,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $229,000
      Market price range: $129k - $296k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $220,000
      Current use
      COMMERCIAL (GENERAL)
      $460,000
      Change: +108% Conversion: Easy
      OFFICE BUILDING
      $385,000
      Change: +75% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Laredo
    County
    Webb
    State
    Texas
    Longitude
    -99.4707
    Latitude
    27.6106
    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
    $4,609
    $309,570
    $412,430
    $722,000
    -
    $309,570
    $412,430
    $722,000

    Comparable in this City

    • Value Estimation
      $340,000
      4,529 SF

      10211 Mcpherson Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,529 SF
      10211 Mcpherson Rd, Laredo, TX 78045-6523
      View Details
    • Value Estimation
      $290,000
      3,078 SF

      9808 Mines Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,078 SF
      9808 Mines Rd, Laredo, TX 78045
      View Details
    • Value Estimation
      $275,000
      1,917 SF

      10710 International Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,917 SF
      10710 International Blvd, Laredo, TX 78045-6534
      View Details
    • Value Estimation
      $405,000
      5,026 SF

      9109 Mcpherson Rd Ste, Unit 1

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,026 SF
      9109 Mcpherson Rd Ste, Laredo, TX 78045-6554
      View Details
    • Value Estimation
      $325,000
      2,940 SF

      10802 International Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,940 SF
      10802 International Blvd, Laredo, TX 78045-6624
      View Details
    • Value Estimation
      $250,000
      1,829 SF

      8919 Mines Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,829 SF
      8919 Mines Rd, Laredo, TX 78045-8750
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22,708 SF

      Former Restaurant Available For Sale

      Turn-key restaurant opportunity in Webb County.
      8915 San Dario Ave, Laredo, TX 78045
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      Laredo Warehouse and Lodge Property

      Multiuse property with sleeping quarters, lodges, and mechanic shop.
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      Retail property available for sale on San Dario Avenue.
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      Laredo Cold Storage Facility

      Massive industrial park, prime location
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      Laredo Commercial Land: Prime Location

      44,374 SF Commercial Lot in San Isidro
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    • $916,973
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      Laredo Commercial Land Investment

      Prime Laredo land, ideal for various uses.
      308 International Blvd, Laredo, TX 78045
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    Similar Nearby for Lease

    • Contact for pricing
      2,086 SF

      Retail Space on Bob Bullock

      Retail spaces available in high-growth area near Loop 20.
      2119 Shiloh Dr, Laredo, TX 78045
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      Laredo Retail Space: Prime Location

      High-traffic retail space, Laredo, TX.
      2603 Bob Bullock Loop, Laredo, TX 78045
      View Details
    • Contact for pricing
      2,011 SF

      Retail Space on Shiloh Drive

      Move-in ready retail space with frontage on Shiloh Drive.
      2101 Shiloh Dr, Laredo, TX 78045
      View Details
    • Contact for pricing
      240,491 SF

      North Creek Plaza Executive Suites

      Laredo, TX Office & Retail Space
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      View Details
    • Contact for pricing
      2,453 SF

      Retail Space in Plantation Centre

      Retail space available in a shopping center anchored by HEB.
      7807-7811 Mcpherson Rd, Laredo, TX 78045
      View Details
    • Contact for pricing
      9,168 SF

      Jacaman Road Retail Center

      Three Retail Spaces Available, Drive-Thru
      2511 Jacaman Rd, Laredo, TX 78045
      View Details
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    2455 Monarch Dr
    Laredo, TX 78045-6002
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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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