0 Mile 1/2 Mercedes, TX 78570
This exceptional 9.89-acre tract of land in Mercedes, Texas, presents a unique investment opportunity for farmers or developers. Ideally situated within a 15-minute radius of McAllen and Harlingen, this property boasts significant advantages. Currently utilized for farming, the land is already cleared and leveled, eliminating the need for extensive site preparation. The absence of restrictive covenants unlocks a wide range of development possibilities, limited only by the buyer's vision. An existing electric line runs along the property's frontage, simplifying utility connections. Water access can be achieved by connecting to the city's water lines or by drilling a well, providing flexibility for various uses. The property's convenient location, combined with its readily usable condition and lack of restrictions, makes it an attractive proposition for those seeking a versatile and strategically positioned land asset. Its proximity to major cities ensures easy access to amenities and transportation networks, further enhancing its appeal. This exceptional opportunity is unlikely to remain available for long. Act quickly to secure this valuable piece of Texas land. The property is located at 0 Mile 1/2 Street E, Mercedes, TX 78570.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.