5311 Rebecca Ave Mercedes, TX 78570
This 1.06-acre commercial lot presents a unique opportunity in Mercedes, Texas. Located at 5311 Rebecca Ave, in Hidalgo County, zip code 78570, this property offers a blend of rural tranquility and convenient city access. Situated just north of the expressway, between Weslaco and Mercedes, it enjoys a strategic position approximately one and a half miles west and ten miles from key points of interest (exact distances not specified). The property is currently undeveloped, providing a blank canvas for various commercial ventures. Prospective buyers should note that essential utilities, such as a water meter or well, will need to be installed. The land is offered at an attractive asking price of $90,000. Importantly, there are no restrictions on the type of commercial development permitted, allowing for considerable flexibility in planning and execution. The property's coordinates are 26.2036 latitude and -97.9337394 longitude. This presents a compelling investment opportunity for those seeking a versatile commercial site in a desirable location. Serious inquiries are encouraged to explore the potential of this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.