83 & Mile 2 Mercedes, TX 78570
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.