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Property profile & analytics
OFF-MARKET
Strip malls

5110 Mcpherson Rd Laredo, TX 78041-7305

6,000 SF 0.73 ac lot Built 1994
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US82-2669394
Property summary
AI-generated overview

This exceptional 1,104 square foot retail space is ideally situated in Westgate Place, a premier shopping center in Laredo, Texas. Located at 5110 McPherson Rd., Suite #3B (cross streets: Calton Rd.), this Class A property boasts high visibility and significant foot traffic, exceeding 30,000 vehicles per day. The space offers excellent curb appeal and street visibility, making it perfect for a variety of retail or restaurant uses. The property benefits from pylon signage opportunities and a generous finish-out allowance. Westgate Place is a professionally managed and well-maintained center, anchored by established businesses such as H&R Block, T-Mobile, CED, Stripes, Cricket, Domino's, Hertz, and Sherwin Williams, among others. Its central Laredo location provides numerous access points and high exposure, ensuring maximum visibility for your business. The in-line space is prominently positioned at the main entrance, guaranteeing high traffic flow. This location is particularly well-suited for businesses such as liquor stores, insurance agencies, chiropractic offices, or dry cleaners. The property is available for lease as a single tenancy.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1994
Total area 6,000 SF
Lot 0.73 ac (31,860 SF)
APN 934-20002-030
UPID US82-2669394
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
Current use
Occupant on record · Public records
  • Luxx Nails & Spa Nail Salon
  • Southern Finance Loan Service
  • World Finance Loan Service
  • Approved Money Center Loan Service
  • Green Sun Dispensary Laredo (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kdh Luxx LLC · 4 yrs held
Kdh Luxx LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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