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    Capisallo Rd Mercedes, TX 78570

    For Sale
    $2,200,000

    136 Acres, Prime Residential Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 136-acre development opportunity is located in Mercedes, Texas, a thriving city in the Rio Grande Valley. Situated off South Capisallo Road in Hidalgo County, this Class A property offers a unique blend of accessibility and potential. Priced at $2,200,000 ($16,176/acre), the land is zoned for County use and is ideal for residential redevelopment. Its excellent shape and dimensions, coupled with readily available utilities at the property boundary, significantly streamline the development process. Multiple drainage points and surrounding canals further enhance its appeal. The property's strategic location between Hidalgo and Cameron Counties, within a growing city experiencing increased demand, presents a compelling investment prospect. Proximity to schools and other points of interest adds to its desirability. This fee-simple ownership offers a rare chance to capitalize on the Rio Grande Valley's burgeoning growth and strong investor interest. The site is development-ready, promising a smooth transition from acquisition to construction. All major utilities are conveniently located on-site, minimizing infrastructure costs and accelerating project timelines. This prime location, combined with its inherent advantages, makes this a highly attractive investment for discerning developers.

    Property Features for 0 Capisallo Rd

    General Information

    Property type
    Mixed-use properties
    Class
    A
    Lot Size
    5,924,160 SF

    HighLights

    • 136‑acre development site in Mercedes, TX, priced at $2,200,000 ($16,176/acre).
    • All major utilities are on‑site.
    • Excellent drainage with multiple drainage points and surrounding canals.
    • Located within Mercedes city limits.
    • High demand area with strong growth potential.
    • Convenient proximity to schools and other amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.909706381185
    Latitude
    26.13484190384

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    FAQs

    What type of property is this?
    Mixed-use property - 136 Acres, Prime Residential Site
    Where is this mixed-use property 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 development site in Mercedes, TX, priced at $2,200,000 ($16,176/acre).; All major utilities are on-site.; Excellent drainage with multiple drainage points and surrounding canals.
    Request Owner's contact information
    Capisallo Rd 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
    Capisallo Rd Mercedes, TX 78570
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