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Property profile & analytics
OFF-MARKET
Land

980 Rio Rico Rd Mercedes, TX 78570

Property ID
Property summary
AI-generated overview

This exceptional 18,295.2 square foot commercial lot presents a remarkable investment opportunity in the thriving city of Mercedes, Texas. Located at 980 S Rio Rico Road, this property boasts a highly desirable Business (A) zoning designation, making it ideally suited for a variety of commercial ventures. Envision a bustling commercial plaza or a lucrative multi-family development on this expansive parcel. Its strategic corner location ensures maximum visibility and accessibility, placing your business at the heart of the community. The surrounding area is rich with amenities, including nearby convenience stores, restaurants, and schools, guaranteeing a steady flow of potential customers and residents. The property's address is 980 S Rio Rico Road, Mercedes, TX 78570, situated in Hidalgo County. This prime location offers unparalleled potential for growth and return on investment. The asking price for this exceptional commercial land is $130,000. Don't miss this chance to secure a piece of Mercedes' vibrant commercial landscape. Act quickly, as opportunities like this are rare. The coordinates for this property are Latitude: 26.1423594, Longitude: -97.9020105.

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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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