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Property profile & analytics
OFF-MARKET
Commercial real estate

837 Heidrick Ave Mercedes, TX 78570

1,370 SF 0.1 ac lot Built 2024
Property ID
US82-4305520
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, fully leased duplex located at 837 Heidrick Ave, Mercedes, Texas, 78570. Built in 2024, this single-story, 1,370 square foot building sits on a 0.097-acre lot and boasts a remarkable 9.60% cap rate. The property features two identical units, each offering 683 square feet of living space. Each unit includes an open-concept kitchen and living area, brand new stainless steel appliances, granite countertops, and beautiful porcelain tile flooring throughout. The bathrooms feature unique Moroccan tile accents. Additional amenities include a large utility room with hanging space, walk-in closets, and energy-efficient tankless water heaters. Each unit also enjoys its own private outdoor space. The building is elevated 18 inches above street level, enhancing curb appeal and providing added protection. This turnkey property offers a reliable income stream with minimal upkeep, making it an ideal investment for those seeking immediate returns. The property is located in Hidalgo County and is ready for a qualified investor. Pre-qualification is required for showings.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Total area 1,370 SF
Lot 0.1 ac (4,225 SF)
UPID US82-4305520
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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