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    2679 Business 83 Mercedes, TX 78570

    For Sale
    $1,500,000

    12 Acres, 118 Units, Great Potential

    Property size:
    23,530 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 12.38-acre commercial property in Mercedes, Texas, presents a lucrative investment opportunity. The site boasts a substantial 23,530 square feet of existing improvements, including 118 self-storage units, generating immediate income potential. The property also features a comfortable four-bedroom, three-bathroom residential home with a two-car garage, perfect for an on-site manager or owner-occupancy. A large pool house, complete with an in-ground pool, provides ample space for relaxation and entertainment. Several additional metal buildings and storage sheds offer further versatility and storage capacity. The property's prime location offers easy access to Business 83 and Expressway 83, ensuring high visibility and convenient access for tenants and customers. The expansive acreage allows for significant future expansion, providing ample room to add more storage units, construct new buildings, or develop other commercial ventures. This property is priced at $1,500,000 and represents a rare chance to acquire a well-established, income-producing asset with considerable growth potential in a desirable location. The existing infrastructure and ample space make this an ideal investment for both seasoned investors and those seeking a diversified portfolio. Don't miss this opportunity to own a substantial commercial property with significant upside.

    Property Features for 2679 Business 83

    General Information

    Property type
    Other commercial real estate
    Square Feet
    23,530 SF
    Lot Size
    539,273 SF

    Building Details

    Year Built
    1979
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.89179
    Latitude
    26.14996

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    FAQs

    What type of property is this?
    Commercial real estate - 12 Acres, 118 Units, Great Potential
    Where is this commercial real estate located?
    The property is located at 2679 Business 83 Mercedes, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (956) 968-8317
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    2679 Business 83 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
    2679 Business 83 Mercedes, TX 78570
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