Current Use by Public Records
- Mixed-use properties
Property Details for 0 Capisallo Rd
- Lot size
- 136.00 lot acres
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 136-acre development opportunity is located in Mercedes, Texas, a thriving city in the Rio Grande Valley. Situated off South Capisallo Road in Hidalgo County, this Class A property offers a unique blend of accessibility and potential. Priced at $2,200,000 ($16,176/acre), the land is zoned for County use and is ideal for residential redevelopment. Its excellent shape and dimensions, coupled with readily available utilities at the property boundary, significantly streamline the development process. Multiple drainage points and surrounding canals further enhance its appeal. The property's strategic location between Hidalgo and Cameron Counties, within a growing city experiencing increased demand, presents a compelling investment prospect. Proximity to schools and other points of interest adds to its desirability. This fee-simple ownership offers a rare chance to capitalize on the Rio Grande Valley's burgeoning growth and strong investor interest. The site is development-ready, promising a smooth transition from acquisition to construction. All major utilities are conveniently located on-site, minimizing infrastructure costs and accelerating project timelines. This prime location, combined with its inherent advantages, makes this a highly attractive investment for discerning developers.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9097
- Latitude
- 26.1348
