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    00 Business 83 Mercedes, TX 78570

    For Sale
    $65,000

    Prime 5,009 sq ft Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5,009.4 square foot commercial lot is ideally situated on Business 83 Street in Mercedes, Texas, within Hidalgo County, zip code 78570. Offered at $65,000, this property presents a remarkable chance for entrepreneurs and investors seeking a strategic location to establish their business ventures. The lot's generous size provides ample space for a variety of commercial developments, catering to diverse business needs. Its convenient location on Business 83 Street ensures high visibility and accessibility, attracting significant foot and vehicle traffic. The property is designated as commercial land, making it suitable for a wide range of commercial uses, subject to local zoning regulations. This prime location in Mercedes, Texas, offers a thriving business environment and a strong potential for return on investment. The property's coordinates are 26.1514748 latitude and -97.8778154 longitude. This is a turnkey opportunity to capitalize on the growing commercial sector in this dynamic Texas city. Serious inquiries are encouraged to explore the possibilities and secure this exceptional commercial land parcel. The asking price reflects the significant value and potential of this property.

    Property Features for 00 Business 83

    General Information

    Property type
    Land

    HighLights

    • 5,009.4 SF commercial lot in Mercedes, TX.
    • Located on Business 83 Street in Hidalgo County, zip code 78570.
    • Priced at $65,000.
    • High visibility and accessibility due to its location on Business 83 Street.
    • Zoned for commercial use.
    • Coordinates: 26.1514748 latitude, -97.8778154 longitude.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.8778154
    Latitude
    26.1514748

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    FAQs

    What type of property is this?
    Land - Prime 5,009 sq ft Commercial Lot
    Where is this land located?
    The property is located at 00 Business 83 Mercedes, TX.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: 5,009.4 SF commercial lot in Mercedes, TX.; Located on Business 83 Street in Hidalgo County, zip code 78570.; Priced at $65,000.
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    00 Business 83 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
    00 Business 83 Mercedes, TX 78570
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