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    161 Vermont Ave Mercedes, TX 78570
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    161 Vermont Ave, Mercedes, TX 78570

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    • Retail space
    • 720 SF
    • 0.17 lot acres
    Mercedes Drive-Thru Restaurant Opportunity For Sale
    $152,500
    720 SF

    Mercedes Drive-Thru Restaurant Opportunity

    Prime location, remodeled, fully equipped. Great investment!

    Thayer, TX 78570
    View Listing
    Property ID
    US83-3879796
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 161 Vermont Ave

    Year built
    2002
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property type
    Retail space
    APN
    M3550-00-064-0023-00
    APU
    M355000064002300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 4, 2025 — Edgar Abner Ambriz Nancy T Casas Warranty Deed —
    Feb 2, 2022 — Nancy T Casas Vicente Perez Venders Lien $47k · Vicente Perez Etux
    Dec 19, 2018 — Vicente Perez — Deed · related $17k · Jovita K De Pasol
    Jul 16, 2018 — Vicente Perez — Deed · related $23k · Jovita K De Pasol
    Apr 17, 2012 $113,976 Vicente Perez Mendoza,robert H Trustees Deed —
    Jun 7, 2006 — Leandro Villarreal Perez,vicente & Delia Warranty Deed $120k · Vicente & Delia Perez
    — — Vicente Perez — Deed Of Trust · related $17k · Jovita K De Pasol
    — — Vicente Perez — Loan Modification · related $4k · Jovita K De Pasol
    — — Vicente Perez — Deed Of Trust · related $6k · Jovita K De Pasol
    — — Vicente Perez — Deed Of Trust · related $5k · Jovita K De Pasol
    — — Vicente Perez — Deed Of Trust · related $23k · Jovita K De Pasol

    Description

    This exceptional 720-square-foot commercial property, situated on a 0.17-acre lot at 161 N VERMONT AVE. in Mercedes, Texas, presents a unique opportunity for entrepreneurs and investors alike. Recently remodeled, this building is move-in ready and equipped for immediate operation as a restaurant or similar food service establishment. The property includes a drive-thru, a complete commercial kitchen, and ample seating with tables and chairs already in place. Its convenient location offers excellent visibility and accessibility, being just blocks from the busy Expressway 83 and only a mile from the Rio Grande Livestock Show grounds, ensuring high foot and vehicle traffic throughout the year. The compact yet functional layout makes it ideal for a variety of food service concepts, from a casual burger joint to a specialty doughnut shop. The asking price of $152,500 represents a compelling investment opportunity in a thriving Texas community. This turnkey operation eliminates the need for extensive renovations and allows for immediate revenue generation. Don't miss this chance to establish your business in a prime location with significant growth potential. The property is ready for its next chapter, and the possibilities are endless.


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    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9203
    Latitude
    26.1525
    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
    $2,983
    $43,500
    $55,146
    $98,646
    -
    $43,500
    $55,146
    $98,646
    View Listing
    More about this property
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