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    Capisallo Rd Mercedes, TX 78570

    For Sale
    $2,200,000

    Development-ready farmland near Hidalgo & Cameron Counties.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 136-acre farm presents a unique investment opportunity in the thriving Mid-Valley region of the Rio Grande Valley, Texas. Located in Mercedes, off South Capisallo Road (address TBD), this property boasts an ideal location strategically positioned between Hidalgo and Cameron Counties, benefiting from the area's robust growth and increasing national investor interest. The land is exceptionally well-suited for development, featuring a desirable rectangular shape and readily accessible utilities situated at the property boundary. Surrounded by canals, this site offers simplified development and multiple drainage points, minimizing potential infrastructure challenges. The asking price is $2,200,000. Mercedes is experiencing significant population and employment growth, making this a compelling investment in a dynamic and multicultural area. The property's size and location, combined with its development-ready features, make it an attractive prospect for investors and developers seeking a prime location in the Rio Grande Valley. The 78570 zip code further underscores its convenient access to regional amenities and transportation networks. This is a rare opportunity to acquire a substantial tract of land with exceptional potential in a rapidly expanding market.

    Property Features for 0 Capisallo Rd

    General Information

    Property type
    Farms
    Lot Size
    5,924,160 SF

    HighLights

    • 136‑acre farm in Mercedes, TX, priced at $2,200,000.
    • Ideally located between Hidalgo and Cameron Counties in the Mid‑Valley region, benefiting from strong growth and investor interest.
    • Rectangular shape with readily accessible utilities at the property boundary.
    • Simplified development due to surrounding canals and multiple drainage points.
    • Located in a rapidly growing area with increasing population and employment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9098598
    Latitude
    26.1420316

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    FAQs

    What type of property is this?
    Farm - Development-ready farmland near Hidalgo & Cameron Counties.
    Where is this farm located?
    The property is located at Capisallo Rd Mercedes, TX.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 136-acre farm in Mercedes, TX, priced at $2,200,000.; Ideally located between Hidalgo and Cameron Counties in the Mid-Valley region, benefiting from strong growth and investor interest.; Rectangular shape with readily accessible utilities at the property boundary.
    Request Owner's contact information
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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
    Capisallo Rd Mercedes, TX 78570
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