2 Rd & Mile 9 Rd Mercedes, TX 78570
- Land
- 39.00 lot acres
Current Use by Public Records
- Land
Property Details for 2 Rd & Mile 9 Rd
- Lot size
- 39.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
Value Estimation
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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
- -97.8817
- Latitude
- 26.1878
