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    102 Texas Ave Mercedes, TX 78570

    For Sale
    $315,000

    High-income potential, prime location.

    Property size:
    5,542 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 5,542 square foot commercial building presents a remarkable investment opportunity in the vibrant heart of Mercedes, Texas. Situated on a prominent corner lot spanning 0.18 acres, this property boasts a highly desirable vintage facade, adding to its unique charm and appeal. Currently configured as retail spaces, this building offers significant income-generating potential for savvy investors. The prime downtown location ensures high visibility and accessibility, placing your business in the midst of bustling activity. While the building benefits from its existing structure, some renovations and tender loving care would allow for customization to perfectly suit a variety of business needs. The possibilities are truly endless, making this a versatile investment with strong potential for significant returns. The asking price is $315,000. This is a rare chance to acquire a well-positioned commercial property in a thriving Texas town. Don't miss this chance to secure a piece of Mercedes' vibrant commercial landscape. The property's size and location make it ideal for a variety of uses, offering a strong foundation for future growth and profitability. Act quickly to capitalize on this exceptional opportunity.

    Property Features for 102 Texas Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,542 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -97.91361
    Latitude
    26.1516

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    FAQs

    What type of property is this?
    Commercial real estate - High-income potential, prime location.
    Where is this commercial real estate located?
    The property is located at 102 Texas Ave Mercedes, TX.
    What is the asking price?
    The asking price for this property is $315,000.
    (956) 648-7512
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    102 Texas Ave 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
    102 Texas Ave Mercedes, TX 78570
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