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Property profile

100 E 2Nd St Mercedes, TX 78570

FOR SALE
Other individual retail properties
Property ID
US82-7281259
4,084 SF 0.72 ac lot Built 1970
Last sale Mar 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a solid concrete commercial building that was historically used as a city utility facility, located in the city center of Mercedes, Texas. The building contains approximately 20,016 square feet of enclosed space and is positioned to support a range of commercial and light industrial uses, including warehousing, fitness centers, office use, mechanic shops, and educational facilities. Its central location provides convenient access to regional transportation connections, including nearby highways and routes serving international trade and agricultural areas.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$11k
Tax billed · 2022
Assessed value · 2023$359k
Assessed land$108k
Assessed improvement$251k
Effective rate3.02%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$335k
NOI build-up
Gross scheduled income$161k
Vacancy & credit loss−$10k
Operating expenses−$53k
NOI · 29.65% cap applied$98k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
29.65%
$98k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHIDALGO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.6
Law Firm20.3
Dental Office15.8

Location

100 E 2Nd St Mercedes, TX 78570
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

12 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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