18729 Metropolitan Rd, Laredo, TX 78045 – Commercial Improved Land

CommercialYear Built 2007Total Assessed Value $1,284,282County Webb

Property Details

The Commercial property 18729 Metropolitan Rd, Laredo, TX 78045 is located in Webb County. The specific property type is Commercial Improved Land. The total assessed value of this property is $1,284,282.

The gross building area is 0 square feet and the land area is 141,788 square feet for this Commercial Improved Land built in 2007.

Legal description: Millennium Park, Block 1, Lot 8

$1,284,282

Market Value

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Cap Rate

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NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area0

Land Size141,788

Land Value$1,232,137

Improved Value$52,145

Total Assessed Value$1,284,282

Year Built2007

County NameWebb

Account Number256382

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space12

HeatingNone

Type ConstructionOther

Garage TypeParking lot

Sales History

7/22/2024

Arms-lengthNot Disclosed

Buyer

Metropolitan North Th Llc

Seller

Metro Holdco Llc

Book Number

2024.1535436

Recording Date

7/22/2024

Transaction Details

Metropolitan North Th Llc acquired the property from Metro Holdco Llc through a Arms-length transaction on 7/22/2024 for .

5/23/2024

Arms-lengthNot Disclosed

Buyer

Metro Holdco Llc

Seller

Two Squares Llc

Book Number

2024.1530656

Recording Date

5/23/2024

Transaction Details

Metro Holdco Llc acquired the property from Two Squares Llc through a Arms-length transaction on 5/23/2024 for .

4/4/2013

Arms-lengthNot Disclosed

Buyer

Two Squares Llc

Seller

Ficus Properties Llc

Book Number

1164791

Recording Date

4/4/2013

Transaction Details

Two Squares Llc acquired the property from Ficus Properties Llc through a Arms-length transaction on 4/4/2013 for .

Property constructed in 2007

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	$1,232,137	$52,145	$1,284,282	$1,284,282	Metropolitan North T...	8770 W Bryn Mawr Ave...	Millennium Park, Blo...	IP NORTH	S9792	141,788	-
2025	$1,232,137	$53,152	$1,285,289	$1,285,289	Metropolitan North T...	8770 W Bryn Mawr Ave...	Millennium Park, Blo...	Ip North	S9792	141,788	-
2024	$832,295	$46,812	$724,110	$879,107	Metro Holdco Llc	18729 Metropolitan R...	Millennium Park, Blo...	Ip North	S9792	141,788	-
2023	$603,425	-	$603,425	$603,425	Two Squares Llc	8417 Mohagany Ct, La...	Millennium Park, Blo...	IP NORTH	S9792	141,788	-
2022	$567,162	$36,263	$603,425	$603,425	Two Squares Llc	8417 Mohagany Ct, La...	Millennium Park, Blo...	IP06	S9792	141,788	-
2021	$260,890	$36,273	$297,163	$297,163	Two Squares Llc	8417 Mohagany Ct, La...	Millennium Park, Blo...	IP06	S9792	141,788	-
2020	$260,890	$34,340	$295,230	$295,230	Two Squares Llc	8417 Mohagany Ct, La...	Millennium Park, Blo...	IP06	S9792	141,788	-
2019	$260,890	$34,340	$295,230	$295,230	Two Squares Llc	8417 Mohagany Ct, La...	Millennium Park, Blo...	IP06	S9792	141,788	-
2018	$260,890	$37,050	$297,940	$297,940	Two Squares Llc	8417 Mohagany Ct, La...	MILLENNIUM PARK, BLO...	IP06	S9792	141,788	-
2017	$260,890	$31,450	$292,340	$292,340	Two Squares Llc	8417 Mohagany Ct, La...	MILLENNIUM PARK, BLO...	IP06	S9792	141,788	-

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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 ↕
—	18729 Metropolitan Rd, Laredo, TX 78045	—	-	141,788	2007	-	$ 1,284,282	$ 1,232,137	-
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	18502 W Peak Dr, Laredo, TX 78045	08/29/2025	$ 929,250	237,746	0	-	$ 1,629,036	$ 2,008,955	-
Commerce Bank	20605 Delorio St, Laredo, TX 78653	08/29/2025	$ 929,250	212,359	0	-	$ 16,575	$ 16,575	-
Commerce Bank	201 Vidal Cantu Rd, Laredo, TX 78045	08/29/2025	$ 10,758,420	1,306,800	2017	240,881	$ 40,000,000	$ 8,128,296	-
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

Mean$ 12,771,380

Median$ 6,452,500.0

Loan Amount Range$ 300,000 - $ 55,883,462

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
18729 METROPOLITAN RD, LAREDO, TX 78045-7991	ZARO TRANSPORTATION	9567909276	FREIGHTFORWARDING
18729 METROPOLITAN RD, LAREDO, TX 78045-7991	ZARO TRANSPORTATION	9567909276	TRANSPORTATION SERVICES

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License Details

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