Cornerstone Park$9.30 – $11.32/SF/yr NNN
Lone Star Center
52,800 SF industrial building at 240 E Houston St, Laredo, TX 78040. For Lease through the owner.
For LeaseStatus
$9.46/SFAsking rent
1955Year built
CClass
Property facts
| Property type | Industrial |
|---|---|
| Building class | C |
| Rentable area | 52,800 SF |
| Stories | 1 |
| Year built | 1955 |
| Renovated | 2009 |
| Typical floor | 52,800 SF |
| Lot size | 53.79 acres |
| Parking ratio | 0.9/1,000 SF |
| Occupancy | 100.0% |
| Zoning | C5-3 |
| Parcel ID | 19-140-8457 |
| Submarket | Laredo Logistics |
| Market | Laredo |
| Walk Score | 69 |
| Transit | Bus 1 block |
| Listing package | Basic |
Building amenities
Security System, Property Manager on Site, Concierge, Signage, Roof Terrace, Fitness Center
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Bluebonnet Insurance | Retail | 1 | 6,800 | 2018-09-01 |
| Halverson Engineering | Government | 1 | 9,830 | 2036-05-01 |
| Trinity Freight | Media | 1 | 12,670 | 2034-01-01 |
| Silverpoint Advisors | Healthcare | 1 | 3,120 | 2030-11-01 |
| Juno Software | Logistics | 1 | 11,160 | 2034-09-01 |
| Redline Robotics | Media | 1 | 5,940 | 2021-08-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2026-07-06 | $5.64M | $106.78 | 7.81% | Marlowe Family Office | Lakeshore Realty Trust |
| 2019-07-20 | $3.87M | $73.24 | 8.40% | Gulf Coast Realty Partners | Silverline Holdings |
Public record
| Owner of record | Oakridge Development |
|---|---|
| Assessed value | $2.84M |
| Land value | $738K |
| Improvement value | $2.1M |
| Annual tax | $42K |
| Tax year | 2026 |
| Lot size | 2,343,092 SF |
| Last deed | 2022-05-09 |
| Deed type | Warranty Deed |
| Legal description | LOT 8 BLK 352 LAREDO LOGISTICS ADDN |
Location
240 E Houston St
Laredo, TX 78040
Laredo Logistics submarket · Laredo market
27.53656, -99.46527
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.