7212 Fm 1015 Mercedes, TX 78570
This exceptional 8,397 square foot commercial land parcel, located at 7212 N Fm 1015 in Mercedes, Texas, presents a unique investment opportunity. The property, built in 2008, boasts a total area of 8,397.93 square feet and is conveniently situated on a corner lot just off Highway 1015, offering excellent visibility and accessibility. Currently improved with a 4,800 square foot building, previously used as a church, the property offers significant potential for a variety of commercial uses. The building features a spacious downstairs sanctuary and upstairs classrooms, providing ample room for diverse business operations. The adaptable layout allows for customization to suit various needs, making it an ideal location for entrepreneurs and investors seeking a versatile commercial space. The property's prime location in Hidalgo County, Texas, with a zip code of 78570, offers easy access to local amenities and transportation routes. This is a rare opportunity to acquire a well-located commercial property with significant potential for growth and return on investment. The asking price is $310,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.