Mercedes, TX 78570
- Land
- 61.74 lot acres
Current Use by Public Records
- Land
Property Details
- Lot size
- 61.74 lot acres
- Property type
- Land
Description
This exceptional 61.74-acre commercial land parcel presents a unique investment opportunity in Mercedes, Texas. Currently zoned for agricultural use and leased for farming, this property offers significant potential for diverse development projects. Its strategic location in Hidalgo County, just 21 miles southeast of McAllen, provides easy access to major transportation arteries, including Expressway 83 and Interstate 2. The high-traffic location boasts proximity to key regional attractions such as the Rio Grande Valley Premium Outlets and the Rio Grande Valley Livestock Grounds, ensuring high visibility and accessibility. The property is subject to a survey. The current tax value reflects its agricultural use. This expansive tract is ideal for developers seeking a prime location for various commercial ventures, capitalizing on the area's growth and strong economic activity. Serious inquiries are encouraged to explore the possibilities of this substantial land holding. The asking price is $1,450,000.
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
- -97.8778
- Latitude
- 26.1515
