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Retail Plaza in Mercedes, Texas
For Lease
$18 SF/Yr

103 Texas Avenue, Mercedes, TX 78570

COMMERCIAL - Mercedes, TX

Property Size5,403 SF
Lot Size1.39 Acres
Days on Market309

Property Features for 103 Texas Avenue

General Information

Property type Commercial Lease
Property subtype Other
Parking 105
Subdivision Mercedes Original Townsite
Directions From IH-2 head South on Texas Ave., property will be on the right-hand side at the intersection of Texas Ave. & 2nd St./Bus. 83.
Standard status Active
APN M355000003000000
Size 5,403 SF
Lot size 1.39 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 43353

Building Details

Year built 1998
Floors in Building 1
Listing Agency: API Real Estate
Listed By: Sergio A. Adame · License #0534881
Added: Sep 26, 2025 Changed: Apr 15 Last Checked: Jul 31 at 12:06AM
MLS# 429771

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 25,388 square foot plaza is located at a signalized intersection of Texas Avenue and Business 83. The current tenant mix includes Dollar Tree, Little Caesar's, World Finance, Texan Credit, and Papa Joe's Cafe. The property is a short distance from IH-2 and surrounding big retailers such as H-E-B, Family Dollar, AutoZone, and restaurants like Stars, DQ, and Pizza Hut. The property is located in Mercedes, Texas. Suite 103 is currently occupied but is available for a 2nd 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.

Key Highlights

  • High‑traffic location at a signalized intersection of Texas Ave. and Business 83
  • Diverse tenant mix including Dollar Tree, Little Caesar's, World Finance, Texan Credit, and Papa Joe's Cafe
  • Close proximity to IH‑2 and major retailers like H‑E‑B, Family Dollar, and AutoZone

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78570, TX

32,950
Population
10,701
Households
3.1
Avg Household Size
30
Median Age
12%
College-Educated
61%
High-School Grad
75.2 sq mi
ZIP Area
438
Density / Sq Mi
$39,890
Median Household Income
$22,648
Median Earnings
$686
Median Rent
$83,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM — 209 N Texas Ave, Mercedes, TX 78570
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Frequently Asked Questions

What type of property is this?
Shopping center - 25,388 SF plaza with diverse tenant mix available for lease.
Where is this shopping center located?
The property is located at 103 Texas Avenue Mercedes, TX.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High‑traffic location at a signalized intersection of Texas Ave. and Business 83; Diverse tenant mix including Dollar Tree, Little Caesar's, World Finance, Texan Credit, and Papa Joe's Cafe; Close proximity to IH‑2 and major retailers like H‑E‑B, Family Dollar, and AutoZone
More about this property
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