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Property profile & analytics
OFF-MARKET
Office Spaces

201 Starr St Mercedes, TX 78570

4,709 SF
Property ID
Property summary
AI-generated overview

This exceptional 4,709 square foot Class B executive office building, located at 201 Starr St, Mercedes, TX 78570, is available for $900,000 ($191.12/sq ft). Currently vacant, this single-unit property presents a unique redevelopment opportunity. Situated on a 1.01-acre lot, it offers convenient access to West Interstate Highway 2, ensuring high visibility and accessibility. The building's former use as a PNC Bank branch provides a solid foundation for various commercial ventures. Its strategic location benefits from strong neighboring businesses, including H.E.B., Exxon, O'Reilly's Auto Parts, Dollar General, and the United States Postal Service, creating a vibrant and established commercial environment. The permitted zoning is commercial, allowing for a wide range of potential uses, such as medical offices, retail spaces, or continued use as an office building. This property represents a compelling investment opportunity in a thriving Texas market. The building's size and location make it ideal for a variety of businesses seeking a prominent presence in Mercedes. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
Total area 4,709 SF
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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