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Property profile & analytics
OFF-MARKET
Land

5394 Mile 1 Mercedes, TX 78570

10.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.01-acre parcel of land is located at 5394 Mile 1 Road E, Mercedes, Texas, 78570. Situated in the thriving community of South Mercedes, Hidalgo County, this property presents a remarkable opportunity for various development projects. The expansive lot offers significant potential for residential construction, allowing for the creation of a substantial housing development or individual luxury homes. Its location in South Mercedes provides convenient access to local amenities, while still offering a tranquil setting. The property's size and zoning (which should be independently verified) make it an attractive investment for those seeking to capitalize on the growth and potential of this dynamic area. The latitude and longitude coordinates are 26.1188075, -97.8926205, respectively, allowing for easy location verification and mapping. The asking price for this significant land holding is $175,000. Serious inquiries are encouraged to explore the possibilities this property offers. Prospective buyers are advised to conduct their own due diligence regarding zoning regulations, utility availability, and other relevant factors before making a purchase decision. This information is provided as is, without warranty or guarantee.

Property profile
Verified
Property type Land
Lot 10.01 ac (436,036 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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