161 Vermont Ave Mercedes, TX 78570-2542
This exceptional 720-square-foot commercial property, situated on a 0.17-acre lot at 161 N VERMONT AVE. in Mercedes, Texas, presents a unique opportunity for entrepreneurs and investors alike. Recently remodeled, this building is move-in ready and equipped for immediate operation as a restaurant or similar food service establishment. The property includes a drive-thru, a complete commercial kitchen, and ample seating with tables and chairs already in place. Its convenient location offers excellent visibility and accessibility, being just blocks from the busy Expressway 83 and only a mile from the Rio Grande Livestock Show grounds, ensuring high foot and vehicle traffic throughout the year. The compact yet functional layout makes it ideal for a variety of food service concepts, from a casual burger joint to a specialty doughnut shop. The asking price of $152,500 represents a compelling investment opportunity in a thriving Texas community. This turnkey operation eliminates the need for extensive renovations and allows for immediate revenue generation. Don't miss this chance to establish your business in a prime location with significant growth potential. The property is ready for its next chapter, and the possibilities are endless.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.