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    3720 Judge Beto Garza Dr Mercedes, TX 78570

    Sponsored
    For Lease
    $34 SF/Yr

    4.21 Acres, Event Center Potential

    Lot size:
    1,734 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.21-acre commercial property, located at 3720 Judge Beto Garza Drive in Mercedes, presents a unique investment opportunity. Currently configured as an event center, the property boasts ample space for various uses. The existing infrastructure includes a substantial seating area, a refreshing pool area complete with a bar and benches, and a dedicated dance floor. Adding to its versatility, the property has previously accommodated unique attractions such as horse or pony rides and a petting zoo, showcasing its adaptability to diverse entertainment and recreational ventures. The zoning is designated CN, offering flexibility for a range of commercial developments. The property includes 40 parking spaces, ensuring convenient access for patrons and employees. With a total lot size of 4.21 acres, the possibilities are extensive, allowing for expansion or redevelopment to suit a variety of business needs. The property's existing features provide a solid foundation for a thriving commercial enterprise, making it an attractive prospect for investors seeking a versatile and established location. The APN is N340000000303404. This is a single-tenant property with no existing buildings. The site is 1.2 acres, as previously described.

    Property Features for 3720 Judge Beto Garza Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,734 SF

    Unit(s) available at that property

    Space
    Size
    1,734 SF
    Rate per SF
    $34

    HighLights

    • 4.21‑acre commercial land parcel.
    • Single‑tenant property.
    • Zoned CN.
    • APN: N340000000303404.
    • 40 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Hair Salon Kitchen & Bath Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.907807
    Latitude
    26.2208389

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    FAQs

    What type of property is this?
    Land - 4.21 Acres, Event Center Potential
    Where is this land located?
    The property is located at 3720 Judge Beto Garza Dr Mercedes, TX.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: 4.21-acre commercial land parcel.; Single-tenant property.; Zoned CN.
    Request Owner's contact information
    3720 Judge Beto Garza Dr 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
    3720 Judge Beto Garza Dr Mercedes, TX 78570
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