5999 Mcpherson Rd Laredo, TX 78041-6128
This exceptional 10,000-square-foot flex space industrial property in Laredo, Texas, presents a compelling investment opportunity. Located at 5999 McPherson Road, this single-story, 2003-built building sits on a 2-acre lot (1.13 acres vacant) and boasts M-1 zoning, allowing for a wide range of uses. Currently occupied by a Firestone tenant under a triple-net (NNN) lease with three years remaining and three 3-year options (expiration 09/30/2026), the property generates immediate revenue streams from the existing building and a billboard. The substantial vacant land offers significant potential for development, with plans for an additional 11,626-square-foot building already in place, creating a third income stream. The property enjoys high visibility, situated off McPherson Road with traffic counts exceeding 30,000 vehicles per day, and benefits from rear access via Gale Street. The asking price is $2,030,000. This property offers a blend of existing income and future development potential in a desirable Laredo location. The property features one building with a single tenant.
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Firestone Complete Auto Care (Bike/Boat/Book/etc) Store Auto Parts Store
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Power Insurance Of TX Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.