102 Texas Ave Mercedes, TX 78570
This exceptional commercial land opportunity in Mercedes, Texas, presents a compelling investment prospect. Located at 102 N Texas Avenue, this 7,999.79 square foot lot boasts a prime corner location in the heart of the city's bustling downtown area. The property, built in 1975, offers 5,542 square feet of existing building space currently configured for retail use, presenting immediate income-generating potential. The charming vintage facade adds significant curb appeal, a highly desirable feature in today's market. With some renovation and tender loving care, this versatile property can be customized to suit a wide range of business needs. The property's central location ensures high visibility and accessibility, making it an ideal site for a variety of commercial ventures. This is a rare chance to acquire a well-situated commercial property in a thriving Texas community. The asking price is $315,000. Don't miss this opportunity to capitalize on the potential of this prime downtown Mercedes location. The property's address is 102 N Texas Avenue, Mercedes, TX 78570, within Hidalgo County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.