Mercedes, TX 78570
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.