544 Texas Ave Mercedes, TX 78570-2420
This exceptional 1,064 square foot commercial property presents a unique investment opportunity in Mercedes, Texas. Situated on a prominent 0.2-acre corner lot at the intersection of Expressway 83 (I-2), Texas Avenue, and FM 491, this location boasts unparalleled visibility and accessibility. The property benefits from its position on one of the busiest intersections in the area, experiencing over 84,000 vehicles daily. Expressway 83 serves as a major artery connecting Cameron and Starr Counties, while Texas Avenue functions as Mercedes' primary commercial thoroughfare. FM 491 provides convenient access to Elsa and Edcouch. This strategic location is further enhanced by its proximity to the Rio Grande Valley Livestock Show, ensuring consistent high traffic volume. The property's location within a rapidly expanding commercial area guarantees strong potential for future value appreciation, driven by increasing commercial demand and viability. This is an exceptional opportunity to acquire a high-traffic commercial property in a thriving market. The building offers 1,064 square feet of space, providing ample room for a variety of commercial uses. The 0.2-acre lot provides ample space for expansion or outdoor activities. Don't miss this chance to own a piece of Mercedes' vibrant commercial landscape.
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.