Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Hotels
800 Gdn St Laredo, TX 78040-2462
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3047678
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1983
Total area
13,114 SF
Lot
1.25 ac (54,450 SF)
APN
110-00473-010
UPID
US82-3047678
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
-
The Covey Lounge & Grill Bar & Pub Restaurant
-
Hotel Ava Hotel & Motel
-
Holiday Inn Laredo Civic Center Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
Shreem Laredo LP · 3 yrs held
Shreem Laredo LP
since 2023
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$950,000
+174.3%
Neighborhood: shopping center
$910,000
+162.4%
Auto repair, garage
$890,000
+155.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Laredo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laredo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
$1,140,000
6.5%
$1,055,000
7%
$980,000
Alternative Use
Use
Estimation
RETAIL STORES
$950,000
Change: +174% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$910,000
Change: +162% · Conversion: Difficult
AUTO REPAIR, GARAGE
$890,000
Change: +156% · Conversion: Difficult
MEDICAL BUILDING
$855,000
Change: +146% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$59 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$9,659
Tax year 2022
Assessed value
$1,425,000
Assessed 2023
Previous assessed
$1,425,000
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$969,753
Assessed improvement
$455,247
Land market value
$969,753
Improvement market value
$455,247
Total market value
$1,425,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1983
Heating
NONE
Total area
13,114 SF
Lot
1.25 ac (54,450 SF)
APN
110-00473-010
UPID
US82-3047678
Jurisdiction
WEBB
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$890,000
MEDICAL BUILDING
Est. value
$855,000
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Lot
1.25 ac
Current owner
From public records · entity-resolved
Shreem Laredo LP
Entity
Free & Clear · 3 yrs held
Mailing address
222 LAS COLINAS BLVD W STE #755, IRVING, TX 75039-5424
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2023
—
Shreem Laredo LP
IV Ram Various Motels Ltd
Warranty Deed
—
Jun 25, 2018
—
IV Ram Various Motels Ltd
Bia Acquisition LLC
Special Warranty Deed
$2,000,000 · The First National Bank Of Eagle La
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 800 Gdn St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
