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Property profile & analytics
FOR SALE
Individual retail properties

100 E 2Nd St Mercedes, TX 78570

4,084 SF 0.72 ac lot Built 1970
Entity Owned 3-yr Hold Free & Clear
Property ID
US82-7281259
Property summary
AI-generated overview

This exceptional 20,016 square foot commercial building, situated on a 0.72-acre lot at 100 E 2nd Street in Mercedes, Texas, presents a compelling investment opportunity. The property's robust concrete construction ensures durability and longevity, making it suitable for a wide range of commercial uses. Previously utilized as a city utility facility, its central location within Mercedes offers unparalleled accessibility to major transportation arteries, facilitating seamless connections to international trade routes and agricultural centers. The expansive interior space is adaptable to various business needs, including but not limited to warehousing, fitness centers, office spaces, mechanic shops, or educational institutions. The property's prime location within a high-traffic area guarantees significant visibility and accessibility for potential customers. This is a rare chance to acquire a substantial commercial property in a thriving Texas city, offering significant potential for return on investment. The building's solid foundation and versatile layout provide a blank canvas for entrepreneurs and investors seeking a strategic foothold in a dynamic market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $329,900.

Property profile
Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 1970
Total area 4,084 SF
Lot 0.72 ac (31,311 SF)
APN M3550-00-034-0001-00
UPID US82-7281259
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Truxton USA LLC · 3 yrs held
Truxton USA LLC
since 2023
4 recorded transactions
2023
Price N/A
2022
Price N/A
2019
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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