Highway 83 S, Rio Bravo, TX 78046 – JAIL

CommercialYear Built 1998Total Assessed Value $17,300,000County Webb

Property Details

The Commercial property Highway 83 S, Rio Bravo, TX 78046 is located in Webb County. The specific property type is JAIL. The total assessed value of this property is $17,300,000.

The gross building area is 91,354 square feet and the land area is 2,614,079 square feet for this JAIL built in 1998.

Legal description: City/Muni/Twp:City Of Laredo Webb County Detention Center Plat, Block 1, Lot 1A, Acres 60.011

$17,300,000

Market Value

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Cap Rate

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NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeJAIL

Building Area91,354

Land Size2,614,079

Land Value$1,416,260

Improved Value$15,883,740

Total Assessed Value$17,300,000

Year Built1998

County NameWebb

Account Number249734

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space34

HeatingNone

Type ConstructionOther

Sales History

8/19/2016

Arms-lengthNot Disclosed

Buyer

Corrections Corporation Of America

Seller

Corrections Corporation Of America

Book Number

1274602

Recording Date

8/19/2016

Transaction Details

Corrections Corporation Of America acquired the property from Corrections Corporation Of America through a Arms-length transaction on 8/19/2016 for .

9/3/2008

Arms-lengthNot Disclosed

Buyer

Cca Properties Of America Llc

Seller

The Webb County Correctional Center Publ

Book Number

1019179

Recording Date

9/3/2008

Transaction Details

Cca Properties Of America Llc acquired the property from The Webb County Correctional Center Publ through a Arms-length transaction on 9/3/2008 for .

Property constructed in 1998

YSale Price (USD) byXSales Year

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Mortgage History

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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) ↕
2025	$1,416,260	$15,883,740	$17,300,000	$17,300,000	Corrections Corporat...	-	City/Muni/Twp:City O...	Cd Zapata	Webb County Detentio...	2,614,079	91,354
2024	$1,416,260	$15,383,740	$16,800,000	$16,800,000	Corecivic F/k/a Corr...	5501 Virginia Way, B...	Webb County Detentio...	CD ZAPATAH	S9513	2,614,079	97,354
2023	$1,416,260	$14,583,740	$16,000,000	$16,000,000	Corecivic F/k/a Corr...	C/o Ryan Pts Dept 12...	Webb County Detentio...	CD ZAPATAH	S9513	2,614,079	97,354
2022	$1,416,260	$14,583,740	$16,000,000	$16,000,000	Corecivic F/k/a Corr...	C/o Ryan Pts Dept 12...	Webb County Detentio...	CD33	S9513	2,614,079	97,354
2021	$1,416,260	$13,263,740	$14,680,000	$14,680,000	Corrections Corporat...	Po Box 460169, Houst...	WEBB COUNTY DETENTIO...	33	WEBB COUNTY DETENTIO...	2,614,079	91,354
2020	$2,100,390	$12,299,610	$14,400,000	$14,400,000	Corrections Corporat...	C/o Ryan Pts Dept 12...	Webb County Detentio...	CD33	S9513	2,614,079	97,354
2019	$2,100,390	$12,299,610	$14,400,000	$14,400,000	Corrections Corporat...	C/o Clinton Jaggers,...	Webb County Detentio...	CD33	S9513	2,614,079	97,354
2018	$2,100,390	$12,099,310	$14,199,700	$14,199,700	Vimosa Ii	C/o Clinton Jaggers,...	WEBB COUNTY DETENTIO...	CD33	S9513	2,614,079	97,354
2017	$2,100,390	$11,574,342	$13,674,732	$13,674,732	Corrections Corporat...	C/o Clinton Jaggers,...	WEBB COUNTY DETENTIO...	CD33	S9513	2,614,079	97,354
2016	$2,100,390	$11,979,650	$14,080,040	$14,080,040	Cca Properties Of Am...	C/o Clinton Jaggers,...	Webb County Detentio...	CD33	S9513	2,614,079	97,354

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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 ↕
—	Highway 83 S, Rio Bravo, TX 78046	—	-	2,614,079	1998	91,354	$ 17,300,000	$ 1,416,260	-
Commerce Bank	2001 Vicente St, Laredo, TX 78046	04/16/2025	$ 150,000	4,822	2015	1,600	$ 49,019	$ 44,416	Alc Construction Co Inc
Navy Federal Credit Union	206 E Geer St, Durham, NC 27701	04/01/2025	$ 365,750	5,227	2000	1,890	$ 153,669	$ 52,272
Townebank	206 E Geer St, Durham, NC 27701	01/27/2025	$ 1,550,000	5,227	2000	1,890	$ 153,669	$ 52,272	Fast Geer Nc Llc
The Killbuck Savings Bank Co	6807 Non Pariel Rd, Wooster, OH 44691	01/15/2025	$ 150,000	402,494	1975	11,141	$ 101,200	$ 40,150
Falcon International Bank	3502 Urbahn Ave, Laredo, TX 78046	12/23/2024	$ 2,200,000	33,371	0	-	$ 253,617	$ 253,617	Urbahn Holdings Llc
Hawthorn Bank	1200 Range Line St, Columbia, MO 65201	10/31/2024	$ 325,000	6,480	1930	2,520	-	-	1200 Range Line St Llc
Peoples South Bank	304 N Washington St, Albany, GA 31701	09/23/2024	$ 4,354,400	16,117	1920	27,476	$ 299,080	$ 26,240	Sowega Qof One Qozb I Llc
Opportunity Bank Of Montana	801 Mt Highway 48, Anaconda, MT 59711	09/12/2024	$ 25,000,000	546,242	2010	38,737	$ 7,158,772	-
Ankura Trust Company Llc	253 Hamilton Ln, Del Rio, TX 78840	09/10/2024	$ 450,000,000	130,680	1999	203,421	$ 20,987,320	$ 21,540	Geo Group Inc
Citizens Bank Na	2925 E Las Vegas St, Colorado Springs, CO 80906	09/10/2024	$ 650,000,000	129,809	2004	94,517	$ 1,674,000	$ 80,760	Community Education Centers In

Mean$ 271,366,821

Median$ 20,095,000.0

Loan Amount Range$ 150,000 - $ 650,000,000

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