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    00 Mile 2 Mercedes, TX 78570

    For Sale
    $275,000

    Spacious warehouse, office, & ample land. Ideal for various commercial uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial property in Mercedes, Texas, presents a unique investment opportunity. The 2,400 square foot warehouse, constructed in 2021, sits on a substantial 1.89-acre lot, providing significant expansion potential. The property's versatile design includes a functional office space, perfectly suited for administrative tasks and client meetings. Two restrooms are conveniently located within the building, enhancing the overall practicality and comfort for employees and visitors. Located at 00 W Mile 2, Mercedes, TX 78570 (Hidalgo County), this property boasts a prime location with easy access to major transportation routes (exact details not provided). The asking price for this expansive warehouse and land is $275,000. Its generous size and well-designed layout make it an attractive option for a wide range of commercial enterprises seeking a functional and spacious workspace with significant land for future development or expansion. The property's classification includes land, office, and industrial uses, offering flexibility for various business needs.

    Property Features for 00 Mile 2

    General Information

    Property type
    Distribution properties
    Lot Size
    82,328 SF

    Building Details

    Year Built
    2021

    HighLights

    • $275,000 asking price.
    • 1.89‑acre lot in Mercedes, TX.
    • 2,400 square foot warehouse built in 2021.
    • Includes office space and two restrooms.
    • Suitable for various commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Clothing Store 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
    -97.9205748
    Latitude
    26.2799594

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, office, & ample land. Ideal for various commercial uses.
    Where is this distribution property located?
    The property is located at 00 Mile 2 Mercedes, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price.; 1.89-acre lot in Mercedes, TX.; 2,400 square foot warehouse built in 2021.
    Request Owner's contact information
    00 Mile 2 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 Mile 2 Mercedes, TX 78570
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