Building Details

Year built 2004

Floors in Building 1

Listing Agency: KELLER WILLIAMS LRGV · Keller Williams Realty k***@kw.com Show Phone

Listed By: VERONICA HERNANDEZ Show Phone

Added: Dec 14, 2022 Changed: Oct 17 Last Checked: Oct 19 at 2:06PM

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MLS# 29738376

Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,800-square-foot auto shop sits on 1.188 acres and was built in 2004. The property previously supported tractor and lawnmower repair operations, providing an existing commercial building that can be adapted or redeveloped. It is offered in its current condition, with no repairs planned by the owner.

Located at 4320 N International Blvd. in Mercedes, the property fronts International Blvd. and is positioned near several franchise businesses. The site is zoned Commercial and offers a substantial land component alongside the existing improvements.

Key Highlights

• 1.188‑acre commercial property in Mercedes, TX
• Existing 1,800‑square‑foot auto shop building
• Previously used for tractor and lawnmower repairs

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,304

Cap Rate

6.96%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$486,080 $486.1K

Cap Rate 7%

$347,200 $347.2K

Cap Rate 9%

$270,044 $270.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,800 SF

Gross rent

$36.9K $20.52/SF

− Vacancy

−$2.2K −$1.23/SF

EGI

$34.7K $19.29/SF

− OpEx

−$10.4K −$5.79/SF

NOI

$24.3K $13.50/SF

Area

Hidalgo County, TX

Vacancy

6.00%

Lease Rate

$20.52 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$486,080

Cap Rate 7%

$347,200

Cap Rate 9%

$270,044

Alternative Uses

Best Use

Retail

$347.2K

$303.8K – $405.1K (±1% cap)

NOI $24,304 @ 7.0% cap · market cap 6.96%

Second Best

Industrial

$135.3K

$118.4K – $157.9K (±1% cap)

NOI $9,472 @ 7.0% cap · market cap 2.71%

Theoretical Best

Hotel Hospitality

$1.36M

$1.19M – $1.58M (±1% cap)

NOI $94,905 @ 7.0% cap · market cap 27.19%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Grocery & Convenience Store Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

51

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 78570, TX

32,950

Population

10,701

Households

3.1

Avg Household Size

30

Median Age

12%

College-Educated

61%

High-School Grad

75.2 sq mi

ZIP Area

438

Density / Sq Mi

$39,890

Median Household Income

$22,648

Median Earnings

$686

Median Rent

$83,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Similar Off Market Nearby

• Tire Shop Pina — 3310 N International Blvd, Weslaco, TX 78596
• Parra Tire Shop — FM 1015, Mercedes, TX 78570
• Mad Sounds — 4418 N International Blvd, Weslaco, TX 78599
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• Segura's Body Shop — 2228 E Mile 11 N, Weslaco, TX 78596

Frequently Asked Questions

What type of property is this?

Auto shop - Commercially zoned property with an existing repair-shop layout and redevelopment flexibility.

Where is this auto shop located?

The property is located at 4320 N INTERNATIONAL BLVD. Mercedes, TX.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: 1.188‑acre commercial property in Mercedes, TX; Existing 1,800‑square‑foot auto shop building; Previously used for tractor and lawnmower repairs