Current Use by Public Records
- Land
Property Details for 1 1/2
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.8857
- Latitude
- 26.1962
