5394 Mile 1 Mercedes, TX 78570
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.
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.