Current Use by Public Records
- Commercial real estate
Property Details for 2679 Business 83
- Year built
- 1979
- Lot size
- 12.38 lot acres
- Property type
- Commercial real estate
Description
This exceptional 12.38-acre commercial property in Mercedes, Texas, presents a lucrative investment opportunity. The site boasts a substantial 23,530 square feet of existing improvements, including 118 self-storage units, generating immediate income potential. The property also features a comfortable four-bedroom, three-bathroom residential home with a two-car garage, perfect for an on-site manager or owner-occupancy. A large pool house, complete with an in-ground pool, provides ample space for relaxation and entertainment. Several additional metal buildings and storage sheds offer further versatility and storage capacity. The property's prime location offers easy access to Business 83 and Expressway 83, ensuring high visibility and convenient access for tenants and customers. The expansive acreage allows for significant future expansion, providing ample room to add more storage units, construct new buildings, or develop other commercial ventures. This property is priced at $1,500,000 and represents a rare chance to acquire a well-established, income-producing asset with considerable growth potential in a desirable location. The existing infrastructure and ample space make this an ideal investment for both seasoned investors and those seeking a diversified portfolio. Don't miss this opportunity to own a substantial commercial property with significant upside.
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
- -97.8918
- Latitude
- 26.15
