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    311 Progress St Mercedes, TX 78570-4317
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    Property profile & analytics

    311 Progress St, Mercedes, TX 78570-4317

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    • Industrial properties
    • 4,939 SF
    • 2.17 lot acres
    Off-Market
    Last Sale Sep 6, 2024
    Property ID
    US82-5342679
    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
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 311 Progress St

    Year built
    2002
    Lot size
    2.17 lot acres
    Zone code
    IN
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    M3530-00-000-0014-00
    APU
    M353000000001400

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 6, 2024 — Barboleon LLC Lorenzo Rodriguez Deed $315k · Texas National Bank
    Mar 3, 2016 — Lorenzo Rodriguez Son Rise Worship Center Venders Lien $219k · Plainscapital Bank
    Oct 24, 2007 — Son Rise Worship Center — Trustees Deed · related $9k · Texas State Bank
    May 31, 2007 — Son Rise Worship Center — Trustees Deed · related $307k · Texas State Bank
    Jul 11, 2005 — Son Rise Worship Center Kaboudvand,bahman Warranty Deed $200k · Texas State Bank Mcallen
    — — Son Rise Worship Center — Deed Of Trust · related $307k · Texas State Bank
    — — Son Rise Worship Center — Deed Of Trust · related —
    — — Son Rise Worship Center — Deed Of Trust · related $9k · Texas State Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $835,000
      6.5%
      $770,000
      7%
      $715,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $985,000
      Current use
      OFFICE BUILDING
      $905,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.8956
    Latitude
    26.1563
    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
    $15,276
    $251,008
    $254,230
    $505,238
    -
    $251,008
    $254,230
    $505,238
    More about this property
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