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    14389 Mile 2 Mercedes, TX 78570

    For Sale
    $499,500

    1.88-acre lot, new building, great investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.88-acre commercial property in Mercedes, Texas, presents a remarkable investment opportunity. Located at 14389 Mile 2 W, zip code 78570, this newly constructed (2024) building is ideally suited for a variety of businesses. The property's design incorporates a drive-thru, along with two additional offices, offering flexibility for diverse commercial ventures. Potential uses include, but are not limited to, a hair salon, insurance office, or expansion into a meat market. The inclusion of a walk-in cooler refrigerator adds significant value and practicality for food-related businesses. Situated in Hidalgo County, this property benefits from its convenient location and accessibility. The asking price is $499,500, reflecting the motivated seller's desire for a quick sale. This represents a compelling chance to establish or expand a business in a thriving Texas market. The property's size and features make it an attractive prospect for entrepreneurs seeking a turnkey solution or investors looking for a strong return. Don't miss this chance to acquire a prime commercial property in a rapidly growing area.

    Property Features for 14389 Mile 2

    General Information

    Property type
    Retail properties
    Lot Size
    81,893 SF

    Building Details

    Year Built
    2024

    HighLights

    • Newly constructed (2024) 1.88‑acre commercial building in Mercedes, TX (78570).
    • Located at 14389 Mile 2 W, Hidalgo County.
    • Features a drive‑thru, two offices, and a walk‑in cooler.
    • Suitable for various uses, including food‑related businesses.
    • Asking price: $499,500.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel Auto Parts Store Grocery Store 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
    -97.9442082
    Latitude
    26.2344179

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    FAQs

    What type of property is this?
    Retail property - 1.88-acre lot, new building, great investment.
    Where is this retail property located?
    The property is located at 14389 Mile 2 Mercedes, TX.
    What is the asking price?
    The asking price for this property is $499,500.
    What are key features of this property?
    This property features: Newly constructed (2024) 1.88-acre commercial building in Mercedes, TX (78570).; Located at 14389 Mile 2 W, Hidalgo County.; Features a drive-thru, two offices, and a walk-in cooler.
    Request Owner's contact information
    14389 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
    14389 Mile 2 Mercedes, TX 78570
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