Property profile

512 W 10Th St Mercedes, TX 78570

FOR SALE
Day care centers
Property ID
US82-2465770
2,768 SF 0.37 ac lot Built 1979
Individually Owned 18-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a commercial building that has historically been operated as a daycare and is configured with five separate interior rooms, plus a separate kitchen and office area. Outdoor amenities include three playgrounds, and the facility has been described as having a capacity of 84. The building is located on a corner lot with on-site parking available to support multi-use occupancy, and it is zoned for commercial use, allowing for flexibility for potential continued childcare programming or conversion to other professional service uses such as healthcare-adjacent or therapy-related services that benefit from a multi-room interior layout and dedicated office and kitchen areas.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1979
Construction FRAME
Total area 2,768 SF
Lot 0.37 ac (16,000 SF)
APN M3550-00-147-0001-00
UPID US82-2465770

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center

Location

512 W 10Th St Mercedes, TX 78570
Mercedes metro Census 23000 MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2008
6 recorded transactions
2020
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message