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Property profile & analytics
OFF-MARKET
Land

1/2 Mile 12 1/2 Mercedes, TX 78570

6.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.24-acre parcel of land is located in Mercedes, Texas, within Hidalgo County, and boasts a convenient address at 0 Mile 12 1/2 Road N, zip code 78570. Offered at $225,000, this property presents a unique opportunity for residential or commercial development. The land is classified as "Other" and is ready for your vision. The expansive lot size provides ample space for a variety of projects. A notable feature is the presence of an existing concrete slab on the property, potentially reducing initial construction costs. The property's location in North Capisallo offers a desirable setting, combining the benefits of a rural atmosphere with convenient access to nearby amenities and infrastructure. Detailed site surveys and environmental assessments are recommended to fully understand the property's potential and to inform any development plans. This is a rare opportunity to acquire a significant land holding in a growing area of Texas. The latitude and longitude coordinates are 26.233128 and -97.895182 respectively. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 6.24 ac (271,814 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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