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Prime Corner Site on Expressway
For Sale
$699,000

540 North Texas Avenue, Mercedes, TX 78570

High-traffic corner lot at a major intersection.

Property Size23,086 SF
Lot Size0.53 Acres
Price / SF$30.28
Days on Market475

Property Features for 540 North Texas Avenue

General Information

Standard status Active
Size 23,086 SF
Lot size 0.53 Acres
Property subtype Land / Commercial
Listing Agency: Ursa Real Estate
Listed By: Jacob Galvan · License #744008
Source: Compass
Added: Apr 15, 2025 Changed: Jul 10 Last Checked: Aug 1 at 12:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ursa Real Estate

Investment Insights

Based on property information with market context.

This 0.53 acre corner site is located at the intersection of Expressway 83 (I-2), Texas Avenue, and FM 491. Expressway 83 is a major highway connecting Cameron County to Starr County. Texas Avenue serves as Mercedes’ main road and commercial corridor, while FM 491 provides access to the Elsa/Edcouch area. Situated on the north side of the expressway, at the entrance to the Rio Grande Valley livestock show, the site benefits from high visibility. The location sees over 84,000 vehicles per day at the intersection of the three roadways. The surrounding area is experiencing growth, leading to consistent value increases in land due to rising commercial demand. This site's strategic location provides a strong position in its submarket.

Key Highlights

  • High‑traffic corner location: Over 84,000 vehicles per day.
  • Located at the intersection of Expressway 83 (I‑2), Texas Avenue, and FM 491.
  • 0.53 acre corner site.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Plumbing Service (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby

Demographics for 78570, TX

32,950
Population
10,701
Households
3.1
Avg Household Size
30
Median Age
12%
College-Educated
61%
High-School Grad
75.2 sq mi
ZIP Area
438
Density / Sq Mi
$39,890
Median Household Income
$22,648
Median Earnings
$686
Median Rent
$83,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - High-traffic corner lot at a major intersection.
Where is this commercial land located?
The property is located at 540 North Texas Avenue Mercedes, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: High‑traffic corner location: Over 84,000 vehicles per day.; Located at the intersection of Expressway 83 (I‑2), Texas Avenue, and FM 491.; 0.53 acre corner site.
More about this property
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