4502 San Bernardo Ave, Laredo, TX 78041 – Discount Department Store

RetailYear Built 1982Total Assessed Value $1,124,010County Webb

Property Details

The Retail property 4502 San Bernardo Ave, Laredo, TX 78041 is located in Webb County. The specific property type is Discount Department Store. The total assessed value of this property is $1,124,010.

The gross building area is 32,601 square feet and the land area is 186,982 square feet for this Discount Department Store built in 1982.

Legal description: All Ex Se Cor Blk 1116 & All Of Blk 1117, 1117A, 1118A, 1118, 1119A Wd

$1,731,713

Market Value

8.40%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeRetail

Sub Property TypeDiscount Department Store

Building Area32,601

Land Size186,982

Land Value$1,495,856

Improved Value$235,857

Total Assessed Value$1,124,010

Year Built1982

County NameWebb

Account Number167359

Cap Rate8.40%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

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Mortgage History

4/29/2025

Arms length residential transactions purchase or resales$8,000,000

Borrower

Laredo Gateway Ltd

Lender

Book Number

2025.1559189

Recording Date

4/29/2025

Transaction Details

Laredo Gateway Ltd borrowed the property from through a Arms length residential transactions purchase or resales transaction on 4/29/2025 for $8,000,000.

Property constructed in 1982

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$1,495,856	$235,857	$1,124,010	$1,731,713	Laredo Gateway Ltd	Po Box 1825, Laredo,...	All Ex Se Cor Blk 11...	CD IH35	S2230	186,982	32,601
2025	$935,000	$1,675	$936,675	$936,675	Laredo Gateway Ltd	Po Box 1825, Laredo,...	All Ex Se Cor Blk 11...	Cd Ih35	S2230	186,981	32,601
2024	$1,297,419	-	$792,427	$1,297,419	Laredo Gateway Ltd	Po Box 1825, Laredo,...	All Ex Se Cor Blk 11...	Cd Ih35	S2230	186,981	32,601
2023	$528,285	$132,071	$660,356	$660,356	Laredo Gateway Ltd	Po Box 1825, Laredo,...	All Ex Se Cor Blk 11...	CD IH35	S2230	186,981	32,601
2022	$528,285	$132,071	$660,356	$660,356	Laredo Gateway Ltd	Po Box 1825, Laredo,...	All Ex Se Cor Blk 11...	CD13	S2230	186,981	-
2021	$747,931	$137,069	$885,000	$885,000	Laredo Gateway Ltd	Po Box 1825, Laredo,...	All Ex Se Cor Blk 11...	CD13	S2230	65,384	-
2020	$747,930	$65,550	$813,480	$813,480	Laredo Gateway Ltd	Po Box 1825, Laredo,...	All Ex Se Cor Blk 11...	CD13	S2230	186,981	-
2019	$747,930	$137,330	$885,260	$885,260	Laredo Gateway Ltd	Po Box 1825, Laredo,...	All Ex Se Cor Blk 11...	CD13	S2230	186,981	-
2018	$560,950	$48,070	$609,020	$609,020	Laredo Gateway Ltd	Po Box 1825, Laredo,...	ALL EX SE COR BLK 11...	CD13	S2230	186,981	-
2017	$560,950	$48,070	$609,020	$609,020	Laredo Gateway Ltd	Po Box 1825, Laredo,...	ALL EX SE COR BLK 11...	CD13	S2230	186,981	-

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Rent & Occupancy

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	4502 San Bernardo Ave, Laredo, TX 78041	—	-	186,982	1982	32,601	$ 1,124,010	$ 1,495,856	-
Independent Bank	5100 5198 Avenue H, Rosenberg, TX 77471	08/11/2025	$ 8,705,294	374,538	1983	102,791	$ 8,551,648	$ 1,219,277	Ost Scott Ren Llc
German American Cap Corp	6800 W Gate Blvd, Austin, TX 78745	08/06/2025	$ 11,700,000	214,751	1981	57,805	$ 6,402,468	-	Levy Cannon West Llc
Prosperity Bank	602 E Market St, Rockport, TX 78382	07/11/2025	$ 300,000	49,875	1965	12,460	$ 640,630	$ 182,410
Bank Of The West	1400 Ninth St, Marble Falls, TX 78654	07/11/2025	$ 750,000	80,150	1983	16,625	$ 1,651,448	$ 625,972	J & Lf Properties Llc
Texas Community Bank	2310 E Saunders St, Laredo, TX 78041	06/27/2025	$ 13,801,461	0	1980	94,575	$ 7,444,056	-	2310 Saunders Llc
Texas Partners Bank	2631 Hwy 35 N, Rockport, TX 78382	06/25/2025	$ 3,312,178	328,077	1982	70,416	$ 3,166,290	$ 1,203,900	Rock Hard Real Estate Llc
Cadence Bank Na	3401 Ayers St, Corpus Christi, TX 78415	06/20/2025	$ 350,000	55,539	2018	9,512	$ 1,189,020	$ 166,617	Omega Pizza Co Inc
Lehigh Gas Wholesale Llc	1104 W Rancier Ave, Killeen, TX 76541	05/13/2025	$ 156,993	25,622	1987	2,475	$ 257,728	$ 124,779	Jb Rental Properties Llc
Bank Of South Texas	N/e Expressway 83, Palmview, TX 78572	05/02/2025	$ 262,500	21,893	1981	2,280	$ 249,282	$ 154,353	Samasophi Holdings Llc
Cadence Bank Na	126 E Beeline Ln, Harker Heights, TX 76548	04/25/2025	$ 900,000	54,886	1976	3,012	$ 158,131	$ 52,141	CE & CP CONSTRUCTION LLC

Mean$ 3,370,209

Median$ 1,286,500.0

Loan Amount Range$ 65,000 - $ 13,804,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
4502 SAN BERNARDO AVE, LAREDO, TX 78041-5718	BAR GRILL	9565685471	BARS

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License Details

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