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    9606 Mercedes Dr Mercedes, TX 78570

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    For Sale
    $11,000,000

    58 acres near I-2, suitable for commercial or residential development.

    Property size:
    58 SF

    Property Features for 9606 Mercedes Dr

    General Information

    Size
    58 SF

    Source: Daniel Galvan Agent Daniel Galvan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    58 Acres Near Premium Outlets

    This 58-acre property is located just off Interstate 2, approximately 1.3 miles from the Rio Grande Valley Premium Outlets, which attract an estimated 450,000 to 750,000 visitors annually. The surrounding area is experiencing rapid growth, with new national fast-food restaurants and retail developments currently underway. The land offers strong potential for commercial, residential, or mixed-use projects, making it suitable for investors looking to grow with the market due to its visibility and access.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Hair Salon Auto Repair Shop Wholesale Shop Kitchen & Bath Auto Parts Store Department Store HVAC Service Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9067586
    Latitude
    26.1714529

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    FAQs

    What type of property is this?
    Land - 58 acres near I-2, suitable for commercial or residential development.
    Where is this land located?
    The property is located at 9606 Mercedes Dr Mercedes, TX.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: - 1.58-acre property with strong potential for commercial, residential, or mixed-use development.; - Excellent visibility and access.; - Located just off Interstate 2.
    (956) 451-2983
    Request Owner's contact information
    9606 Mercedes Dr 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
    9606 Mercedes Dr Mercedes, TX 78570
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