Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    0000 1/2 Mercedes, TX 78570

    For Sale
    $243,756

    Prime 6.66-acre tract, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6.66-acre land parcel presents a compelling investment opportunity in Mercedes, Texas. Located at 0000 N Mile 1 1/2 E, this property boasts a highly desirable location, approximately 15 minutes from the Mercedes Outlet Stores, the Stock Show Grounds, and the expressway, ensuring convenient access to key amenities and transportation routes. The land has already been leveled, significantly reducing development costs and expediting the construction process. Furthermore, the property comes with a certification of completed work from the State Conservation Board, a testament to its readiness for development. The seller invested over $7,000 in this certification, adding significant value to the property. This substantial investment in land preparation underscores the property's potential for various uses, including subdivision development. The existing zoning may be amenable to rezoning, offering further flexibility for potential buyers. The asking price is $243,756, and the seller is motivated and open to offers, making this an exceptional opportunity to acquire a well-situated, prepared land parcel in a thriving Texas community. The property is situated in Hidalgo County, Texas, with a zip code of 78570.

    Property Features for 0000 1/2

    General Information

    Property type
    Land
    Lot Size
    290,110 SF

    HighLights

    • 6.66‑acre level lot in Mercedes, TX.
    • Prime location, ~15 minutes from outlet malls, stock show, and expressway.
    • State Conservation Board certification of completed work, saving development costs.
    • Zoned for potential development, including subdivision.
    • Motivated seller, asking $243,756.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.886039
    Latitude
    26.1612914

    Nearby Similar for Sale

    • $530,000
      5,272 SF

      Versatile Mercedes Property with Income

      Multi-use property with commercial, auto shop, and residential income potential.
      438 Jones Ave, Mercedes, TX 78570
      View Details
    • $520,000
      8,569 SF

      Mercedes, TX Commercial Property

      Commercial property suitable for retail, restaurant, or office use.
      1020 N Baseline Rd, Mercedes, TX 78570
      View Details
    • $439,000
      4,050 SF

      New Fourplex Near Expressway

      New fourplex near Expressway with modern amenities and private yards.
      802 E Starr St, Mercedes, TX 78570
      View Details
    • $439,000
      4,050 SF

      Mercedes, TX Fourplex For Sale

      Pristine fourplex near Expressway and Rio Grande Valley Premium Outlets.
      806 E Starr St, Mercedes, TX 78570
      View Details
    • $439,000
      4,050 SF

      New Fourplex Near Expressway

      New fourplex with modern amenities and immediate cash flow potential.
      807 E Starr St, Mercedes, TX 78570
      View Details
    • $375,000
      2,240 SF

      Multi-Use Property in Mercedes, Texas

      9-unit multi-family with two commercial storefronts in Mercedes, TX.
      136 North Texas Ave, Mercedes, TX 78570
      View Details

    FAQs

    What type of property is this?
    Land - Prime 6.66-acre tract, ideal for development.
    Where is this land located?
    The property is located at 0000 1/2 Mercedes, TX.
    What is the asking price?
    The asking price for this property is $243,756.
    What are key features of this property?
    This property features: 6.66-acre level lot in Mercedes, TX.; Prime location, ~15 minutes from outlet malls, stock show, and expressway.; State Conservation Board certification of completed work, saving development costs.
    Request Owner's contact information
    0000 1/2 Mercedes, TX 78570
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    0000 1/2
    Mercedes, TX 78570
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    0000 1/2 Mercedes, TX 78570
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.