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    Property profile & analytics

    144 Texas Ave Mercedes, TX 78570

    • Retail space
    • 965 SF
    • 0.09 lot acres
    For Lease
    View listing
    $13 SF/Yr
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US82-4651439
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 144 Texas Ave

    Year built
    1984
    Lot size
    0.09 lot acres
    Property size
    965 SF
    Property type
    Retail space
    APN
    M3550-00-047-0007-00
    APU
    M355000047000700

    Description

    This exceptional commercial land parcel, located at 144 N Texas Avenue in historic downtown Mercedes, Texas, presents a unique investment opportunity. The property boasts a generous lot size of 3,998.808 square feet and is zoned C, offering considerable flexibility for a variety of commercial uses. The site currently features a single-tenant building with a total of 1 suite. Conveniently located near popular establishments such as McDonald's and H-E-B, this property enjoys high visibility and accessibility, ensuring a steady flow of potential customers. Ample parking is provided with 10 dedicated spaces at the rear of the property, supplemented by readily available street parking. The property's adaptable layout allows for customization to suit diverse business needs, making it an ideal location for a wide range of commercial ventures. The property's address is 144 N Texas Avenue, Mercedes, TX 78570, and its APN is M355000047000700. This is a rare chance to acquire a well-situated commercial property in a thriving Texas town. The property's strategic location and versatile zoning make it an attractive prospect for both established businesses and new ventures seeking a prominent presence in the heart of Mercedes. Don't miss this chance to secure this prime commercial land.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $295,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $280,000
      Mixed-Use
      $290,000
      Hospitality
      $300,000
      Educational
      $255,000
      Residential Income
      $320,000
      Energy
      $240,000
      Income-Based Land
      $270,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9139
    Latitude
    26.1523
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,780
    $28,000
    $30,879
    $58,879
    -
    $28,000
    $30,879
    $58,879

    Comparable in this City

    • Value Estimation
      $200,000
      2,048 SF

      3301 Eagle Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,048 SF
      3301 Eagle Dr, Mercedes, TX 78570-0039
      View Details
    • Value Estimation by Request
      3,360 SF

      400 Expy 83

      RETAIL STORES (PERSONAL SERVICES) • 3,360 SF
      400 Expy 83, Mercedes, TX 78570-2700
      View Details
    • Value Estimation
      $365,000
      4,901 SF

      300 Texas Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,901 SF
      300 Texas Ave, Mercedes, TX 78570-3126
      View Details
    • Value Estimation
      $445,000
      252 SF

      2nd

      RETAIL STORES (PERSONAL SERVICES) • 252 SF
      2nd, Mercedes, TX 78570
      View Details
    • Value Estimation
      $335,000
      640 SF

      Mercedes, TX 78570

      RETAIL STORES (PERSONAL SERVICES) • 640 SF
      Mercedes, TX 78570
      View Details
    • Value Estimation
      $435,000
      1,562 SF

      7040 Ee St Mile, Unit 12

      RETAIL STORES (PERSONAL SERVICES) • 1,562 SF
      7040 Ee St Mile, Mercedes, TX 78570-2000
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      25,388 SF plaza with diverse tenant mix in Mercedes, TX.
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      View Details
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    144 Texas Ave
    Mercedes, TX 78570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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