136 North Texas Ave Mercedes, TX 78570
For Sale
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This exceptional single-tenant commercial property, located at 136 Texas Ave in Hidalgo County, presents a unique investment opportunity. Built in 1980, this approximately 600 square foot special purpose building offers a versatile space ideal for a variety of businesses. Its convenient location places it just steps from a newly constructed McDonald's restaurant and a short distance from an H-E-B grocery store, ensuring high visibility and foot traffic. The property boasts a private restroom within the unit, providing added convenience and privacy. Individual utility meters for water and electricity are included, offering tenants complete control and transparency over their operational costs. The property's single-suite configuration simplifies management and provides a focused environment for business operations. This is an excellent opportunity to establish a thriving business in a high-traffic, well-established area. The property's proximity to major retail establishments makes it an attractive location for a wide range of commercial ventures. The existing infrastructure, including separate water and electric meters, ensures a seamless transition for new tenants. Don't miss this chance to secure a prime commercial space in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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.