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Property profile & analytics
OFF-MARKET
Retail space

544 Texas Ave Mercedes, TX 78570-2420

1,064 SF 0.12 ac lot Built 1997
Individually Owned 13-yr Hold Free & Clear
Property ID
US82-1756781
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction FRAME
Total area 1,064 SF
Lot 0.12 ac (5,070 SF)
APN N5800-00-001-0006-00
UPID US82-1756781
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jacob Flores JR. · 13 yrs held
Jacob Flores JR.
since 2012
2 recorded transactions
2012
Price N/A
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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