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Property profile & analytics
OFF-MARKET
Land

00 Brown St Mercedes, TX 78570

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 44 fourplex lots totaling 11,433.193 square feet of land in the thriving city of Weslaco, Texas. Located at 00 Brown Street, Weslaco, TX 78570 (Hidalgo County), this property offers significant potential for substantial returns. The asking price for this entire portfolio of lots is $89,000, representing a compelling value in the current market. The property is classified as commercial and multifamily, specifically designated as a duplex/triplex/quadruplex development opportunity. This prime location within Weslaco, a city experiencing significant growth, makes this an attractive proposition for investors seeking to capitalize on the increasing demand for multifamily housing. The property's size and zoning allow for the development of multiple fourplex units, providing a substantial rental income stream. Given the current market conditions and Weslaco's growth trajectory, this is a rare chance to acquire a large parcel of land ideally suited for multifamily development at a highly competitive price. The coordinates for this property are latitude 26.1791692 and longitude -97.8939317. Don't miss this chance to secure a significant investment in a rapidly developing Texas market.

Property profile
Verified
Property type Land
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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