540 North Texas Ave Mercedes, TX 78570
For Sale
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This exceptional 0.53-acre commercial land parcel presents a unique investment opportunity in Mercedes, Texas. Situated at the hard corner of Expressway 83 (I-2), Texas Avenue, and FM 491, this property boasts unparalleled visibility and accessibility. The intersection sees over 84,000 vehicles daily, placing your business at the heart of a bustling commercial corridor. Texas Avenue serves as Mercedes' main commercial thoroughfare, while Expressway 83 connects Cameron and Starr Counties, and FM 491 provides access to Elsa/Edcouch. The site benefits from its proximity to numerous established businesses, including HEB, McDonald's, and other national retailers. This high-traffic location, combined with the area's consistent growth and limited competition, creates a compelling investment case. The property is offered fee simple, providing complete ownership. The strategic location at the entrance of the Rio Grande Valley Livestock Show further enhances its appeal. This is a rare opportunity to acquire a highly visible, well-positioned commercial lot in a thriving Texas market. Daily traffic counts include 73,157 vehicles on Expressway 83 and 10,673 on Anacuitas Street (FM 491). The property's location offers excellent visibility and strong potential for future appreciation. This is a prime opportunity for businesses seeking high visibility and strong traffic counts in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.