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Property profile & analytics
OFF-MARKET
Land

1 1/2 Mercedes, TX 78570

Property ID
Property summary
AI-generated overview

This expansive 1,742,400 square foot commercial and industrial land parcel presents a remarkable investment opportunity in Mercedes, Texas. Located at Mile 1 1/2 East in Hidalgo County, zip code 78570 (latitude 26.196218, longitude -97.885751), this property is currently utilized for agricultural purposes, boasting thriving crops of corn, grain, and cotton. The land benefits from an existing irrigation system, significantly enhancing its versatility and potential for future development. Its substantial size makes it ideally suited for sub-development projects, catering to a wide range of commercial and industrial uses. The asking price for this exceptional property is $600,000. Given its size, location, and existing infrastructure, this land offers significant upside for investors seeking a prime location in a growing Texas market. The property's agricultural history demonstrates its fertile nature and suitability for various uses, making it an attractive proposition for both short-term and long-term investment strategies. Serious inquiries are encouraged.

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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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