1637 World Trade Center Loop, Laredo, TX 78045 – Commercial Improved Land

CommercialYear Built 2017Total Assessed Value $797,547County Webb

Property Details

The Commercial property 1637 World Trade Center Loop, Laredo, TX 78045 is located in Webb County. The specific property type is Commercial Improved Land. The total assessed value of this property is $797,547.

The gross building area is 0 square feet and the land area is 75,623 square feet for this Commercial Improved Land built in 2017.

Legal description: Millennium Park, Block 5, Lot 2

$797,547

Market Value

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NOI

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Occupancy

Avg Rent

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Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area0

Land Size75,623

Land Value$676,065

Improved Value$121,482

Total Assessed Value$797,547

Year Built2017

County NameWebb

Account Number256407

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

5/19/2017

Arms-lengthNot Disclosed

Buyer

Ketchikan Llc

Seller

Frio International Inc

Book Number

1298068

Recording Date

5/19/2017

Transaction Details

Ketchikan Llc acquired the property from Frio International Inc through a Arms-length transaction on 5/19/2017 for .

9/5/2014

Arms-lengthNot Disclosed

Buyer

Maquiladora Manufacturera Llc

Seller

Flores Magdaleno Rodriguez

Book Number

1211892

Recording Date

9/5/2014

Transaction Details

Maquiladora Manufacturera Llc acquired the property from Flores Magdaleno Rodriguez through a Arms-length transaction on 9/5/2014 for .

5/2/2011

Other$78,600

Buyer

Rodriguez Magdaleno Flores

Seller

Carluc Properties Ltd

Book Number

Recording Date

5/2/2011

Transaction Details

Rodriguez Magdaleno Flores acquired the property from Carluc Properties Ltd through a Other transaction on 5/2/2011 for $78,600.

4/28/2011

Arms-length$205,000

Buyer

Ketchikan Llc

Seller

Carluc Properties Ltd

Book Number

1100358

Recording Date

4/28/2011

Transaction Details

Ketchikan Llc acquired the property from Carluc Properties Ltd through a Arms-length transaction on 4/28/2011 for $205,000.

Property constructed in 2017

YSale Price (USD) byXSales Year

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Mortgage History

4/26/2011

New construction residential transactions$65,000

Borrower

Flores Magdaleno Rodriguez

Lender

Carluc Properties Ltd

Book Number

1100359

Recording Date

4/26/2011

Transaction Details

Flores Magdaleno Rodriguez borrowed the property from Carluc Properties Ltd through a New construction residential transactions transaction on 4/26/2011 for $65,000.

Property constructed in 2017

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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	$676,065	$121,482	$797,547	$797,547	Ketchikan Llc	Po Box 4230, Mcallen...	Millennium Park, Blo...	IP NORTH	S9792	75,623	-
2025	$676,065	$123,701	$674,032	$799,766	Ketchikan Llc	Po Box 4230, Mcallen...	Millennium Park, Blo...	Ip North	S9792	75,625	-
2024	$456,760	$104,933	$561,693	$561,693	Ketchikan Llc	Po Box 4230, Mcallen...	Millennium Park, Blo...	Ip North	S9792	75,625	-
2023	$399,287	$106,782	$506,069	$506,069	Ketchikan Llc	Po Box 4230, Mcallen...	Millennium Park, Blo...	IP NORTH	S9792	75,625	-
2022	$349,376	$99,845	$449,221	$449,221	Ketchikan Llc	Po Box 4230, Mcallen...	Millennium Park, Blo...	IP06	S9792	75,625	-
2021	$139,145	$82,424	$221,569	$221,569	Ketchikan Llc	Po Box 4230, Mcallen...	Millennium Park, Blo...	IP06	S9792	75,625	-
2020	$139,150	$84,120	$223,270	$223,270	Ketchikan Llc	Po Box 4230, Mcallen...	Millennium Park, Blo...	IP06	S9792	75,625	-
2019	$139,150	$84,120	$223,270	$223,270	Ketchikan Llc	Po Box 4230, Mcallen...	Millennium Park, Blo...	IP06	S9792	75,625	-
2018	$139,150	$84,120	$223,270	$223,270	Ketchikan Llc	Po Box 4230, Mcallen...	MILLENNIUM PARK, BLO...	IP06	S9792	75,625	-
2017	$139,150	-	$139,150	$139,150	Ketchikan Llc,	315 Calle Del Norte ...	MILLENNIUM PARK, BLO...	IP06	S9792	75,625	-

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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 ↕
—	1637 World Trade Center Loop, Laredo, TX 78045	—	-	75,623	2017	-	$ 797,547	$ 676,065	-
Commerce Bank	18502 W Peak Dr, Laredo, TX 78045	08/29/2025	$ 929,250	237,746	0	-	$ 1,629,036	$ 2,008,955	-
Commerce Bank	1620 Vidal Cantu Rd, Laredo, TX 78045	08/29/2025	$ 4,323,000	245,191	0	-	$ 1,380,000	$ 1,917,773	-
Commerce Bank	20605 Delorio St, Laredo, TX 78653	08/29/2025	$ 929,250	212,359	0	-	$ 16,575	$ 16,575	-
Commerce Bank	409 Logistic Dr, Laredo, TX 78045	07/11/2025	$ 3,840,000	121,097	2016	-	$ 1,150,000	$ 800,000	Four O Nine Llc
First Convenience Bank	103 Ross Khaledi Rd, Laredo, TX 78045	05/27/2025	$ 7,500,000	248,728	0	-	$ 1,488,727	$ 2,101,748	Detcen Holdings Iii Llc
Texas Community Bank	315 Union Pacific Blvd, Laredo, TX 78045	04/23/2025	$ 1,500,000	111,514	0	-	$ 630,000	$ 630,000
Texas Community Bank	403 Union Pacific Blvd, Laredo, TX 78045	04/23/2025	$ 1,500,000	111,514	2013	400	$ 630,000	$ 630,000	Ferma Realty Llc Series Union
Commerce Bank	1620 Vidal Cantu Rd, Laredo, TX 78045	04/18/2025	$ 5,116,371	245,191	0	-	$ 1,380,000	$ 1,917,773	Fm1472 Investments Inc
Commerce Bank	20605 Delorio St, Laredo, TX 78653	04/18/2025	$ 5,116,371	212,359	0	-	$ 16,575	$ 16,575	Fm1472 Investments Inc
Commerce Bank	1620 Vidal Cantu Rd, Laredo, TX 78045	01/31/2025	$ 21,914,707	245,191	0	-	$ 1,380,000	$ 1,917,773	Fm1472 Investments Inc

Mean$ 15,080,671

Median$ 6,452,500.0

Loan Amount Range$ 300,000 - $ 70,800,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1637 WORLD TRADE CENTER LOOP, LAREDO, TX 78045-7992	RAPID TRANSPORT	9567245422	TRUCKING

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License Details

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