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    5394 Mile 1 Mercedes, TX 78570

    Sponsored
    For Sale
    $175,000

    Prime Residential Land - 10 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.01-acre parcel of land is located at 5394 Mile 1 Road E, Mercedes, Texas, 78570. Situated in the thriving community of South Mercedes, Hidalgo County, this property presents a remarkable opportunity for various development projects. The expansive lot offers significant potential for residential construction, allowing for the creation of a substantial housing development or individual luxury homes. Its location in South Mercedes provides convenient access to local amenities, while still offering a tranquil setting. The property's size and zoning (which should be independently verified) make it an attractive investment for those seeking to capitalize on the growth and potential of this dynamic area. The latitude and longitude coordinates are 26.1188075, -97.8926205, respectively, allowing for easy location verification and mapping. The asking price for this significant land holding is $175,000. Serious inquiries are encouraged to explore the possibilities this property offers. Prospective buyers are advised to conduct their own due diligence regarding zoning regulations, utility availability, and other relevant factors before making a purchase decision. This information is provided as is, without warranty or guarantee.

    Property Features for 5394 Mile 1

    General Information

    Property type
    Land
    Lot Size
    436,036 SF

    HighLights

    • $175,000 asking price.
    • 10.01‑acre residential land parcel.
    • Located in Mercedes, TX, Hidalgo County, zip code 78570.
    • Prime location in South Mercedes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.8926205
    Latitude
    26.1188075

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    FAQs

    What type of property is this?
    Land - Prime Residential Land - 10 Acres
    Where is this land located?
    The property is located at 5394 Mile 1 Mercedes, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: $175,000 asking price.; 10.01-acre residential land parcel.; Located in Mercedes, TX, Hidalgo County, zip code 78570.
    Request Owner's contact information
    5394 Mile 1 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
    5394 Mile 1 Mercedes, TX 78570
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