502 San Bernardo Ave Laredo, TX 78040

This fee-simple industrial property, located at 502 San Bernardo Avenue in Laredo, Texas, offers a compelling investment opportunity. The 10,864-square-foot warehouse sits on a 0.28-acre corner lot in Laredo's Downtown Historic District, boasting a convenient location within half a mile of two international ports of entry, including the Juárez-Lincoln International Bridge. The single-story building features a 12-foot ceiling height, two loading docks, and durable masonry construction with a metal roof. Currently 100% occupied by a single tenant under a modified gross lease expiring in July 2026, the property generates a net operating income (NOI) of $5,142, representing a 1.18% cap rate. The current lease is significantly below market rent, presenting a substantial value-add opportunity for the buyer. The property is zoned H-AE, providing flexibility for future redevelopment. With a sale price of $435,000, this represents a significant discount compared to average market sale prices. The property's prime location and potential for increased rental income or redevelopment make it an attractive investment prospect in the thriving Laredo market. The building is classified as Class C.