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    6001 Expressway 83 E Mercedes, TX 78570

    For Lease
    Contact for pricing

    Retail space in high-traffic regional power center.

    Property size:
    11,191 SF
    Lot size:
    49.78 Acres

    Property Features for 6001 Expressway 83 E

    General Information

    Size
    11,191 SF
    Lot size
    49.78 Acres

    Source: Merit CRE Agent Tommy Tyng

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

    Overview

    Regional Power Center Retail Space

    This property offers retail space within a new 200,000 square foot regional power center. The location benefits from high traffic, with 70,817 vehicles per day on the adjacent retail corridor. Pylon signage is available facing Expressway 83/IH-2. The Rio Grande Valley Outlets attract approximately 4 million visitors annually.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Similar Places Nearby

    Solaris, Sunglass Hut, Kiddy Stuff, Nike Outlet, Sunglass Hut

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.880335
    Latitude
    26.160191

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    FAQs

    What type of property is this?
    Shopping center - Retail space in high-traffic regional power center.
    Where is this shopping center located?
    The property is located at 6001 Expressway 83 E Mercedes, TX.
    What are key features of this property?
    This property features: - High traffic retail corridor with **70,817 VPD**; - New 200,000 sF regional power center; - 4 Million visitors a year at the rio grande valley outlets
    (210) 541-2005
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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
    6001 Expressway 83 E Mercedes, TX 78570
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