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    Expressway 83 Mercedes, TX 78570

    For Sale
    Contact for pricing

    Prime Pad Sites, Expressway 83

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional commercial land opportunity in Mercedes, Texas, offering 1 to 1.25 acres of pad sites ideally situated on the southeast corner of Expressway 83 and Mile 2 E Rd. This high-growth area boasts significant nearby development, placing your business in close proximity to thriving retail and consumer traffic. The property's strategic location provides unparalleled visibility and accessibility, with the added benefit of being just steps away from the popular RGV Premium Outlets and a newly constructed Starbucks on Expressway 83. This presents a unique chance to establish a strong presence in a rapidly expanding market. The land is zoned for commercial use and is ready for immediate development, making it an attractive investment for businesses seeking a prime location in the Rio Grande Valley. The lot size offers flexibility for various commercial projects, allowing for customization to meet specific business needs. This is a rare opportunity to secure a highly visible and accessible location in a dynamic and growing area of Mercedes, Texas. Contact us today to learn more about this exceptional property and explore the possibilities.

    Property Features for 0 Expressway 83

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • High‑growth submarket with strong potential.
    • Proximity to new retail and residential developments.
    • Exceptional visibility and access adjacent to RGV Premium Outlets.
    • Convenient location near a new Starbucks on Expressway 83.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.878733880819
    Latitude
    26.158940419613

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    FAQs

    What type of property is this?
    Land - Prime Pad Sites, Expressway 83
    Where is this land located?
    The property is located at Expressway 83 Mercedes, TX.
    What are key features of this property?
    This property features: High-growth submarket with strong potential.; Proximity to new retail and residential developments.; Exceptional visibility and access adjacent to RGV Premium Outlets.
    Request Owner's contact information
    Expressway 83 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
    Expressway 83 Mercedes, TX 78570
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