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Property profile & analytics
OFF-MARKET
Commercial real estate

102 Texas Ave Mercedes, TX 78570

5,542 SF 0.18 ac lot Built 1975
Property ID
Property summary
AI-generated overview

This exceptional 5,542 square foot commercial building presents a remarkable investment opportunity in the vibrant heart of Mercedes, Texas. Situated on a prominent corner lot spanning 0.18 acres, this property boasts a highly desirable vintage facade, adding to its unique charm and appeal. Currently configured as retail spaces, this building offers significant income-generating potential for savvy investors. The prime downtown location ensures high visibility and accessibility, placing your business in the midst of bustling activity. While the building benefits from its existing structure, some renovations and tender loving care would allow for customization to perfectly suit a variety of business needs. The possibilities are truly endless, making this a versatile investment with strong potential for significant returns. The asking price is $315,000. This is a rare chance to acquire a well-positioned commercial property in a thriving Texas town. Don't miss this chance to secure a piece of Mercedes' vibrant commercial landscape. The property's size and location make it ideal for a variety of uses, offering a strong foundation for future growth and profitability. Act quickly to capitalize on this exceptional opportunity.

Property profile
Verified
Property type Commercial real estate
Year built 1975
Total area 5,542 SF
Lot 0.18 ac (7,841 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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