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Property profile & analytics
OFF-MARKET
Warehouses

00 Mile 2 Mercedes, TX 78570

1.89 ac lot Built 2021
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Mercedes, Texas, presents a unique investment opportunity. The 2,400 square foot warehouse, constructed in 2021, sits on a substantial 1.89-acre lot, providing significant expansion potential. The property's versatile design includes a functional office space, perfectly suited for administrative tasks and client meetings. Two restrooms are conveniently located within the building, enhancing the overall practicality and comfort for employees and visitors. Located at 00 W Mile 2, Mercedes, TX 78570 (Hidalgo County), this property boasts a prime location with easy access to major transportation routes (exact details not provided). The asking price for this expansive warehouse and land is $275,000. Its generous size and well-designed layout make it an attractive option for a wide range of commercial enterprises seeking a functional and spacious workspace with significant land for future development or expansion. The property's classification includes land, office, and industrial uses, offering flexibility for various business needs.

Property profile
Verified
Property type Warehouses
Year built 2021
Lot 1.89 ac (82,328 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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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