83 Fwy Fwy Mercedes, TX 78570
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.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.