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

83 & Mile 2 Mercedes, TX 78570

1.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.66-acre commercial land parcel presents a unique investment opportunity in Mercedes, Texas. Located at the intersection of Expressway 83 and Mile 2 East, this corner lot offers unparalleled visibility and accessibility. The property's strategic location near the Rio Grande Valley Outlets ensures high traffic volume and exposure to a large consumer base. The permitted zoning is commercial, allowing for a wide range of development possibilities. The lot size is ideal for various commercial ventures, capitalizing on the area's thriving retail and leisure environment. With its prime location and high visibility, this property is poised for significant growth and return on investment. The property's APN is W0754-03-000-0004-00 and is owned by BW Mile 2 Mercedes, LLC. The asking price for this exceptional commercial land is $1,500,000. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly growing area of Texas. Don't miss out on this chance to secure a prime piece of real estate in the heart of a bustling commercial district. The property is situated in Hidalgo County, Texas, with a zip code of 78570.

Property profile
Verified
Property type Land
Lot 1.66 ac (72,310 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 83 & Mile 2?
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