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Property profile & analytics
OFF-MARKET
Gas stations

5999 Mcpherson Rd Laredo, TX 78041-6128

10,206 SF 2 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
Property ID
US82-3537317
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1987
Total area 10,206 SF
Lot 2 ac (87,120 SF)
APN 948-30010-005
UPID US82-3537317
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
  • Firestone Complete Auto Care (Bike/Boat/Book/etc) Store Auto Parts Store
  • Power Insurance Of TX Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
SANIXPRESS VENTURE
SANIXPRESS VENTURE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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