109 Texas Ave Mercedes, TX 78570
- Restaurants
- 25,388 SF
Current Use by Public Records
- Restaurants
Property Details for 109 Texas Ave
- Year built
- 1998
- Property size
- 25,388 SF
- Property type
- Restaurants
- Property subtype
- Office Properties & Spaces
Description
Exceptional investment opportunity in Mercedes, Texas's Mercedes Plaza, a single-story, 25,388 square foot Class B building constructed in 1998. This property, located at 109 S Texas Ave, boasts a prime location at the signalized intersection of Texas Ave and Business 83, offering high visibility and accessibility. The building features seven suites, with a minimum divisible space of 1,388 square feet and a maximum contiguous space of 2,015 square feet. Currently, the tenant mix includes a diverse range of businesses, including Dollar Tree, Little Caesar's, World Finance, Texan Credit, and Papa Joe's Cafe. Suite 103, a 2,015 square foot space, is available for lease as a second-generation restaurant. The property is zoned F1 and is situated near major retailers such as H-E-B, Family Dollar, and AutoZone, as well as popular restaurants like Stars, Dairy Queen, and Pizza Hut. Its proximity to IH-2 further enhances its strategic location and accessibility. This property presents a unique opportunity for businesses seeking high-traffic exposure and a strong tenant base in a thriving commercial area. The Hidalgo County location offers a strong foundation for growth and success. The APN is M3550-00-003-0000-00.
Value Estimation
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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
- -97.9135
- Latitude
- 26.1506
