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Property profile & analytics
OFF-MARKET
Commercial real estate

83 Fwy Fwy Mercedes, TX 78570

15.06 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional 15.06-acre commercial tract in Mercedes, Texas, presents a significant development opportunity. Boasting prime frontage along both US Interstate 2 and Dawson Road, this property offers unparalleled visibility and accessibility. With approximately 480 feet of frontage on Dawson Road and approximately 117 feet along Expressway 83/Interstate 2, the site is strategically positioned between the Mile 1 East exit and the eastbound on-ramp for I-2, ensuring high traffic exposure. The net usable acreage is 11.515 acres. The property's ideal location makes it suitable for a variety of commercial uses, including franchise dealerships (automotive or heavy equipment), industrial facilities, distribution centers, flex space, or retail developments such as a power center. Existing infrastructure includes a 12-inch waterline and a 12-inch sewer line along Dawson Road. Further development potential exists through the possibility of burying a drainage canal to increase usable acreage. It is important to note that the property is currently subject to rezoning. This property represents a rare chance to acquire a highly desirable commercial parcel in a rapidly growing area. The asking price is $2,000,000.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Lot 15.06 ac (656,014 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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