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    520 W 3rd Street Mercedes, TX 78570

    Source: https://www.cbcworldwide.com
    For Sale
    $89,000

    2,324 Medical Building For Sale

    Property size:
    2,324 SF

    Description

    Added:
    Apr 10, 2025
    Days on Market:
    243
    Coldwell Banker Commercial Rio Grande Valley is pleased to present this medical building at 520 West 3rd Street, Mercedes, Texas. Formerly utilized as a medical office, the property offers a flexible layout ideal for a variety of purposes, including healthcare services, general office use, or other commercial operations.

    Property Features for 520 W 3rd Street

    General Information

    Property type
    Medical offices
    Square Feet
    2,324 SF
    Price / Square Foot
    $38
    Elevators
    N/A
    Net Rentable
    2,324 SF

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    State
    Texas
    Longitude
    -95.415587
    Latitude
    29.71704

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    FAQs

    What type of property is this?
    Medical office - 2,324 Medical Building For Sale
    Where is this medical office located?
    The property is located at 520 W 3rd Street Mercedes, TX.
    What is the asking price?
    The asking price for this property is $89,000.
    (956) 739-5172
    Request Owner's contact information
    520 W 3rd Street Mercedes, TX 78570
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    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
    520 W 3rd Street Mercedes, TX 78570
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