Search
Signalized-Intersection Shopping Center
For Lease
$18 SF/Yr

103 Texas Avenue, Mercedes, TX 78570

COMMERCIAL - Mercedes, TX

Space SizeContact for details
Property Size25,388 SF
Lot Size1.39 Acres
Days on Market333

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: Aug 4 Last Checked: Aug 24 at 5:06PM
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.

Built in 1998, this shopping center occupies a 1.3934-acre site at the signalized intersection of Texas Avenue and Business 83. The existing tenant mix includes Dollar Tree, Little Caesars, World Finance, Texan Credit, and Papa Joe's Cafe.

Suite 103 is identified for second-generation restaurant use, while two suites are described as move-in ready. Additional suite configurations include second-generation space for a wireless store and a loan company office. The plaza is a short distance from IH-2 and near H-E-B, Family Dollar, AutoZone, Stars, Dairy Queen, and Pizza Hut.

Key Highlights

  • 1.3934‑acre shopping center site
  • Signalized intersection at Texas Avenue and Business 83
  • Current tenant mix includes Dollar Tree, Little Caesar's, World Finance, Texan Credit, and Papa Joe's Cafe

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

Multi-tenant
Tenancy
Yes
Highway access
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
  • Coinstar Kiosk | Bitcoin ATM H.E.B, 209 N Texas Ave, Mercedes, TX 78570, United States

Frequently Asked Questions

What type of property is this?
Shopping center - Retail plaza includes established tenant mix, restaurant-ready space, and two move-in-ready suites.
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: 1.3934‑acre shopping center site; Signalized intersection at Texas Avenue and Business 83; Current tenant mix includes Dollar Tree, Little Caesar's, World Finance, Texan Credit, and Papa Joe's Cafe
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message