405 Crossroads St, Laredo, TX 78045 – Neighborhood Shopping Center

RetailYear Built 2024Total Assessed Value $2,574,956County Webb

Property Details

The Retail property 405 Crossroads St, Laredo, TX 78045 is located in Webb County. The specific property type is Neighborhood Shopping Center. The total assessed value of this property is $2,574,956.

The gross building area is 15,312 square feet and the land area is 49,458 square feet for this Neighborhood Shopping Center built in 2024.

Legal description: San Isidro Business Park, Block 3, Lot 2

$2,865,102

Market Value

8.40%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeRetail

Sub Property TypeNeighborhood Shopping Center

Building Area15,312

Land Size49,458

Land Value$951,078

Improved Value$1,914,024

Total Assessed Value$2,574,956

Year Built2024

County NameWebb

Account Number365142

Cap Rate8.40%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

7/15/2022

Arms-lengthNot Disclosed

Buyer

Hill Neal

Seller

San Isidro Northwest Ltd

Book Number

2022.1473915

Recording Date

7/15/2022

Transaction Details

Hill Neal acquired the property from San Isidro Northwest Ltd through a Arms-length transaction on 7/15/2022 for .

Property constructed in 2024

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) ↕
2026	$951,078	$1,914,024	$2,574,956	$2,865,102	Hill Neal	401 Crossroads St, L...	San Isidro Business ...	IP NORTH	S97761	49,458	15,312
2025	$838,000	$161,418	$712,195	$838,000	Hill Neal	502 E Calton Rd, Lar...	San Isidro Business ...	Ip North	S97761	49,458	-
2024	$951,078	-	$593,496	$951,078	Hill Neal	502 E Calton Rd, Lar...	San Isidro Business ...	Ip North	S97761	49,458	-
2023	$494,580	-	$494,580	$494,580	Hill Neal	502 E Calton Rd, Lar...	San Isidro Business ...	IP NORTH	S97761	49,458	-
2022	$494,580	-	$494,580	$494,580	San Isidro Northwest...	9901 Mcpherson Rd, S...	San Isidro Business ...	IP03	S97761	49,458	-
2021	$426,750	-	$426,750	$426,750	San Isidro Northwest...	9901 Mcpherson Rd, S...	San Isidro Business ...	IP03	S97761	49,458	-
2020	$494,580	-	$494,580	$494,580	San Isidro Northwest...	9901 Mcpherson Rd, S...	San Isidro Business ...	IP03	S97761	49,458	-
2019	$494,580	-	$494,580	$494,580	San Isidro Northwest...	9901 Mcpherson Rd, S...	San Isidro Business ...	IP03	S97761	49,458	-
2018	$494,580	-	$494,580	$494,580	San Isidro Northwest...	9901 Mcpherson Rd, S...	SAN ISIDRO BUSINESS ...	IP03	S97761	49,458	-
2017	$494,580	-	$494,580	$494,580	San Isidro Northwest...	9901 Mcpherson Rd, S...	SAN ISIDRO BUSINESS ...	IP03	S97761	49,458	-

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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 ↕
—	405 Crossroads St, Laredo, TX 78045	—	-	49,458	2024	15,312	$ 2,574,956	$ 951,078	-
Tamir Enterprises Ltd	2705 N Arkansas Ave, Laredo, TX 78043	07/24/2025	$ 5,000,000	19,280	1994	2,580	$ 492,980	$ 192,973	Pd Real Estate Ii 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
Falcon International Bank	3917 Jaime Zapata Memorial Hwy, Laredo, TX 78043	06/06/2025	$ 500,000	28,214	2008	6,723	$ 835,200	$ 387,956	Arellano Properties Inc
Yucca Street Investments Llc	39701 Lilia St, La Joya, TX 78560	05/19/2025	$ 450,000	22,473	2019	4,000	$ 344,535	$ 47,192	Reyberto Llc
Falcon International Bank	419 Crossroads St, Laredo, TX 78045	04/22/2025	$ 310,000	47,946	0	-	$ 665,383	$ 922,011	Reyes Strategic Investments Ll
Texas Community Bank	10901 International Blvd, Laredo, TX 78045	03/06/2025	$ 411,000	67,300	2024	19,936	$ 2,688,685	$ 961,720	Las Mollejas Llc
Texas Community Bank	5719 San Dario Ave, Laredo, TX 78041	03/05/2025	$ 1,700,000	41,360	2012	11,928	$ 2,512,600	$ 1,031,105	Crww Properties Llc
Texas Community Bank	10197 Crossroads Loop, Laredo, TX 78045	03/04/2025	$ 18,781,000	127,047	2005	58,110	$ 3,262,120	$ 1,120,546
Texas Community Bank	4301 Mcpherson Ave, Laredo, TX 78041	02/25/2025	$ 450,000	24,167	1993	8,801	$ 979,200	$ 447,573	Pescadito Properties Ltd
Texas National Bank	10500 Monte Cristo Rd, Mcallen, TX 78541	02/03/2025	$ 210,000	22,050	2004	3,200	$ 217,626	$ 63,948	Cantus Property Investments Llc

Mean$ 3,118,249

Median$ 925,000.0

Loan Amount Range$ 100,000 - $ 18,781,000

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License Details

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