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    103 Texas Ave Mercedes, TX 78570

    For Lease
    $18 SF/Yr ($8,104 /Mo)

    Commercial - Mercedes, TX

    Property size:
    5,403 SF
    Lot size:
    1.39 Acres
    Days on Market:
    462
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 103 Texas Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    M355000003000000
    Parking
    105
    Parking features
    Paved or Surfaced
    Size
    5,403 SF
    Lot size
    1.39 Acres

    Building Details

    Year built
    1998
    Architectural style
    Other

    API Real Estate (956) 412-1412 [email protected]

    Listing agent Sergio A. Adame (956) 412-1412

    Listing date Sep 10, 2024

    MLS# 429771 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mercedes Retail Plaza For Rent

    This 25,388 square foot plaza is located at the signalized intersection of Texas Avenue and Business 83 in Mercedes, Texas. The property is near IH-2 and surrounding retailers such as H-E-B, Family Dollar, and AutoZone, as well as restaurants like Stars, DQ, and Pizza Hut. Current tenants include Dollar Tree, Little Caesar’s, World Finance, Texan Credit, and Papa Joe’s Cafe. The property includes suite 103, which is currently occupied but available for a second-generation restaurant. There are two move-in ready suites available: a second-generation wireless store and a second-generation loan company office. The lot size is 1.3934 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.914235
    Latitude
    26.150278

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      Mercedes Retail Plaza For Lease

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    FAQs

    What type of property is this?
    Strip mall - 25,388 SF plaza near IH-2 with diverse tenant mix.
    Where is this strip mall located?
    The property is located at 103 Texas Ave Mercedes, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - 25,388 SF Plaza at the signalized intersection of Texas Ave. and Business 83; - Current tenant mix includes Dollar Tree, Little Caesar’s, World Finance, Texan Credit, and Papa Joe’s Cafe; - Proximity to IH-2 and big retailers such as H-E-B, Family Dollar, and AutoZone
    (956) 412-1412
    Request Owner's contact information
    103 Texas Ave Mercedes, TX 78570
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    Mercedes, TX 78570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Texas Ave Mercedes, TX 78570
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