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Property profile & analytics
OFF-MARKET
Land

Mercedes, TX 78570

40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre property in Mercedes, Texas, presents a unique investment opportunity. Located at 0 N Mile 1 1/2 E, Hidalgo County, zip code 78570 (latitude 26.1612422, longitude -97.8860382), this versatile land boasts current agricultural use, featuring thriving crops of corn, grain, and cotton. The existing irrigation system ensures consistent productivity, making it an attractive option for continued farming operations. However, its zoning allows for sub-development, opening doors to a range of potential uses. The substantial lot size offers ample space for various projects, from residential subdivisions to commercial ventures. This property is strategically located in Mercedes, TX, offering easy access to local amenities and transportation routes. The asking price is $600,000. Serious inquiries are encouraged to explore the full potential of this remarkable land parcel. The property is classified as Farm, Residential, and Commercial land.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 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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CAP Approach CAP
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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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