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    7212 Fm 1015 Mercedes, TX 78570

    For Sale
    $310,000

    8,397 SF Commercial Lot, $310K

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 8,397 square foot commercial land parcel, located at 7212 N Fm 1015 in Mercedes, Texas, presents a unique investment opportunity. The property, built in 2008, boasts a total area of 8,397.93 square feet and is conveniently situated on a corner lot just off Highway 1015, offering excellent visibility and accessibility. Currently improved with a 4,800 square foot building, previously used as a church, the property offers significant potential for a variety of commercial uses. The building features a spacious downstairs sanctuary and upstairs classrooms, providing ample room for diverse business operations. The adaptable layout allows for customization to suit various needs, making it an ideal location for entrepreneurs and investors seeking a versatile commercial space. The property's prime location in Hidalgo County, Texas, with a zip code of 78570, offers easy access to local amenities and transportation routes. This is a rare opportunity to acquire a well-located commercial property with significant potential for growth and return on investment. The asking price is $310,000.

    Property Features for 7212 Fm 1015

    General Information

    Property type
    Land
    Square Feet
    4,800 SF

    Building Details

    Year Built
    2008

    HighLights

    • 8,397 square foot commercial lot in Mercedes, TX.
    • Corner lot on Hwy 1015 offering high visibility.
    • Features a 4,800 square foot building, previously a church.
    • Spacious layout adaptable for various commercial uses.
    • Located in Hidalgo County, TX, zip code 78570.
    • Asking price: $310,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9594539
    Latitude
    26.23093

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    FAQs

    What type of property is this?
    Land - 8,397 SF Commercial Lot, $310K
    Where is this land located?
    The property is located at 7212 Fm 1015 Mercedes, TX.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: 8,397 square foot commercial lot in Mercedes, TX.; Corner lot on Hwy 1015 offering high visibility.; Features a 4,800 square foot building, previously a church.
    Request Owner's contact information
    7212 Fm 1015 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
    7212 Fm 1015 Mercedes, TX 78570
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