You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

2 Rd & Mile 9 Rd Mercedes, TX 78570

39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 39 +/- acre property in Mercedes, Texas, presents a unique investment opportunity. Ideally situated just 1.8 miles north of Interstate 69 and the Rio Grande Valley Premium Outlets, this land offers convenient access to major transportation routes and retail amenities. The property is currently leased as farmland, demonstrating its inherent agricultural value. Half of the acreage is dedicated to irrigated farmland, while the other half consists of irrigated pasture, ensuring consistent productivity. An irrigation canal conveniently bisects the property, providing efficient water management. Utilities, including water and electricity, are readily available. This versatile land is suitable for various agricultural uses and offers significant potential for development. Furthermore, there's an opportunity to expand your holdings significantly. This property can be combined with adjacent properties currently for sale, resulting in a total of approximately 89 gross acres. This presents a compelling opportunity to acquire a substantial land parcel in a thriving location. The combination of its agricultural potential, strategic location, and expansion possibilities makes this a truly remarkable investment.

Property profile
Verified
Property type Land
Lot 39 ac (1,698,840 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2 Rd & Mile 9 Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message