423 3rd St Mercedes, TX 78570-3131
This exceptional 3,324 square foot commercial land parcel in Mercedes, Texas, presents a unique opportunity for business owners. Located at 423 W 3rd Street, this single-tenant property offers a versatile space ideal for a variety of uses. The zoning is classified as "C," allowing for diverse commercial applications. The property features a standalone building with approximately 1,240 square feet of interior space, perfect for a small business looking to establish a presence in a thriving community. With three convenient entry points and full air conditioning, the building is ready for immediate occupancy. The property includes two parking spaces, providing ample parking for customers and employees. The property's convenient location near Texas Avenue and 3rd Street ensures high visibility and accessibility. This is an excellent opportunity to acquire a well-situated commercial property in a growing Texas market. The lot size is precisely 3,324.064 square feet, and the property's APN is M355000010000015. This property is zoned for commercial use and is ready for your business to thrive. The single-tenant structure offers a unique opportunity for a business to establish a strong foothold in the Mercedes community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.