8221 San Dario 3.29 Acres of Commercial Land Offered at $5,806,500 CAD in Laredo, TX 78045

The tract is located within Zone X and is not within the 100-year floodplain, according to Panel 48479C1185C, dated April 2, 2008, of the Federal Flood Maps. The property is zoned “B-3”, Community Business District by the City of Laredo. The property is situated on the east side of San Dario, which also serves as the access road for Interstate 35. The neighborhood is primarily residential, with commercial development concentrated along the main thoroughfares. Located to the south of the subject property at the intersection of IH-35 and Del Mar is the North Creek Shopping Center. This is an anchored shopping center that includes a Best Buy, Old Navy, Target, and HEB. Several out-parcels include restaurants, other retail outlets, and a Hampton Inn. Some of the types of Businesses that fit the Zoning requirement include Furniture Sales, Professional Offices, hotels, Building Material Sales, and Gasoline Service stations.
The subject property is situated to the north of Hilltop and the south of Shiloh. The majority of the tracts located in the area are not platted commercial tracts. Most of these tracts feature secondary commercial uses, such as pottery sales and truck sales. Many of these tracts are awaiting redevelopment, given the limited availability of tracts along the interstate to the south. Therefore, the next logical area of development would be in the vicinity of the subject property, located to the north of Hilltop and south of Shiloh.
In the 1990s, Shiloh was extended from IH-35 to McPherson. Since that time, there has been considerable commercial development along Shiloh. This includes several residential condominiums and apartments, retail outlets, and office buildings. A multistory office building is located at the intersection of IH-35 and Shiloh.