Current Use by Public Records
- Retail properties & Spaces
Property Details for 229 Texas St
- Year built
- 1980
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional commercial property, priced at $799,499, presents a unique investment or owner-user opportunity. Located at 229 S Texas Street in Mercedes, Texas, 78570, this 19,500.07 square foot lot sits at the intersection of S. Texas Street and W. 3rd Street within the Historic District. The property's former use as a furniture store provides excellent visibility and accessibility to both local Mercedes residents and through-traffic. The 13,830 square foot building requires repairs, offering a chance to renovate and customize to suit a variety of retail uses. Its strategic location near established businesses like McDonald's and HEB, along with other national retail brands, ensures high foot traffic and brand recognition potential. Built in 1980, this property offers significant potential for redevelopment or repurposing within a thriving commercial area. The property's size and location make it an ideal investment for those seeking high visibility and accessibility in a well-established Texas market.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9134
- Latitude
- 26.149
