400 Expy 83 Mercedes, TX 78570-2700
Property profile & analytics
400 Expy 83, Mercedes, TX 78570-2700
- Retail space
- 3,360 SF
- 0.45 lot acres
Property ID
US82-6962850
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 400 Expy 83
- Year built
- 2018
- Lot size
- 0.45 lot acres
- Property type
- Retail space
- APN
- M3550-00-038-0005-00
- APU
- M355000038000500
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 17, 2016 | — | The Development Corporation Of Merc | Elliot A Scott | Venders Lien | $300k · Texas National Bank |
| Sep 8, 2008 | — | Scott & Macfarlane Family | Cnl Apf Partners | Grant Deed | $950k · General Electric Capital Corp |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $755,000
- 6.5%
- $700,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $653,000
Market price range: $191k - $653k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $475,000 Current use
- COMMERCIAL (GENERAL)
- $670,000 Change: +41% Conversion: Easy
- OFFICE BUILDING
- $615,000 Change: +29% Conversion: Easy
- AUTO REPAIR, GARAGE
- $430,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mercedes
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.912
- Latitude
- 26.156
- 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
$15,848
$216,595
$307,564
$524,159
-
$216,595
$307,564
$524,159
