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Property profile & analytics
OFF-MARKET Estimated value $1,530,000
Golf courses & driving ranges

5300 San Dario Ave Laredo, TX 78041-3000

18,561 SF 9.58 ac lot Built 1975
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2433054
Property summary
AI-generated overview

Mall del Norte, located at 5300 San Dario Ave, Laredo, TX 78041, presents a unique opportunity for retail businesses seeking a prominent location in Webb County. This Class A shopping center, totaling 1,168,422 square feet, sits on a spacious 79-acre lot and boasts a strong tenant mix featuring both national brands and local favorites. Built in 1977 and extensively renovated in 2007, the property comprises ten single-story buildings offering a combined 5,993 parking spaces for ample customer convenience. Currently, there are four available retail spaces ranging in size from 2,008 square feet to 13,590 square feet, providing flexibility for various business needs. The property is fully powered and benefits from its recent redevelopment, which included the addition of notable tenants such as TruFit, Forever 21, and the Main Event entertainment center, enhancing the overall appeal and foot traffic of the mall. This prime location in Laredo offers exceptional visibility and access, making it an ideal investment for businesses seeking to establish or expand their presence in a thriving market. The property's size, amenities, and tenant mix create a compelling opportunity for long-term growth and profitability.

Property profile
Verified
Property type Golf courses & driving ranges
Use group COUNTRY CLUB
Year built 1975
Total area 18,561 SF
Lot 9.58 ac (417,305 SF)
APN 902-10001-010
UPID US82-2433054
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
  • Bath & Body Works (Bike/Boat/Book/etc) Store Cosmetic Store
  • Books-A-Million (Bike/Boat/Book/etc) Store
  • TDK Barbershop Sneaker Shop Laredo Texas Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Nail Glamour Nail Salon
  • @Grace Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$1.53M
Owner & transaction history
Mall Del Norte LLC · 7 yrs held
Mall Del Norte LLC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.9M +55.9%
Restaurant $1.6M +35.5%
Retail stores $1.4M +20.2%
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