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Property profile & analytics
OFF-MARKET
Land

00 Brown St Mercedes, TX 78570

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 44 four-plex lots totaling 11,433.193 square feet of land in the thriving city of Weslaco, Texas. Located at 00 Brown Street, Weslaco, TX 78570 (zip code 78570), this multifamily property is ideally situated for significant returns. The asking price for this entire portfolio is $89,000, representing a compelling value in the current market. The property is classified as commercial land and an apartment building, specifically a duplex/triplex/quadruplex development. This presents a unique chance to acquire a substantial land holding with significant potential for future development and rental income. The property's location in Weslaco, Hidalgo County, Texas, offers access to a growing population and a robust local economy. Given the high demand for multifamily housing in the area, this investment is poised for strong appreciation and consistent cash flow. The coordinates are 26.1791692 latitude and -97.8939317 longitude. Don't miss this chance to secure a significant piece of Weslaco's burgeoning real estate market. Act quickly, as these lots are expected to sell rapidly.

Property profile
Verified
Property type Land
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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