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Property profile & analytics
FOR SALE
Strip malls

136 North Texas Ave Mercedes, TX 78570

1,728 SF 0.09 ac lot Built 1980
Entity Owned 4-yr Hold
Property ID
US82-3597669
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Total area 1,728 SF
Lot 0.09 ac (3,999 SF)
APN M3550-00-047-0009-00
UPID US82-3597669
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Houdini Holdings LLC · 4 yrs held
Houdini Holdings LLC
since 2021
4 recorded transactions
2021
Price N/A
2019
Price N/A
2014
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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