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    Property profile & analytics

    909 2nd St Mercedes, TX 78570-2501

    • Retail space
    • 8,458 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Jun 06, 2025
    Location Intelligence
    Property ID
    US82-4071793
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 909 2nd St

    Year built
    1960
    Lot size
    0.53 lot acres
    Property size
    8,458 SF
    Property type
    Retail space
    APN
    M3550-00-105-0001-00
    APU
    M355000105000100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mercedes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9197
    Latitude
    26.1502
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,429
    $79,954
    $198,828
    $278,782
    -
    $79,954
    $198,828
    $278,782

    Comparable in this City

    • Value Estimation
      $200,000
      2,048 SF

      3301 Eagle Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,048 SF
      3301 Eagle Dr, Mercedes, TX 78570-0039
      View Details
    • Value Estimation by Request
      3,360 SF

      400 Expy 83

      RETAIL STORES (PERSONAL SERVICES) • 3,360 SF
      400 Expy 83, Mercedes, TX 78570-2700
      View Details
    • Value Estimation
      $365,000
      4,901 SF

      300 Texas Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,901 SF
      300 Texas Ave, Mercedes, TX 78570-3126
      View Details
    • Value Estimation
      $445,000
      252 SF

      2nd

      RETAIL STORES (PERSONAL SERVICES) • 252 SF
      2nd, Mercedes, TX 78570
      View Details
    • Value Estimation
      $335,000
      640 SF

      Mercedes, TX 78570

      RETAIL STORES (PERSONAL SERVICES) • 640 SF
      Mercedes, TX 78570
      View Details
    • Value Estimation
      $435,000
      1,562 SF

      7040 Ee St Mile, Unit 12

      RETAIL STORES (PERSONAL SERVICES) • 1,562 SF
      7040 Ee St Mile, Mercedes, TX 78570-2000
      View Details

    Similar Nearby for Sale

    • $375,000
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      Multi-Use Property in Mercedes, Texas

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      Mercedes Commercial Property on International Blvd

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    • Contact for pricing
      17,167 SF

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      Four-bay retail property in Mercedes, Texas, near Rio Grande Outlets.
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    • $520,000
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      Commercial property suitable for retail, restaurant, or office use.
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    • $750,000
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      Former Bank Branch For Sale

      Former bank branch suitable for restaurant, medical, or office tenant.
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    • $278,000

      Prime Mercedes Restaurant Land

      High-traffic corner lot, ideal for restaurant.
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    Similar Nearby for Lease

    • $15 SF/Yr
      5,403 SF

      Retail Plaza in Mercedes, TX

      25,388 SF retail plaza with diverse tenant mix.
      109 Texas Ave, Mercedes, TX 78570
      View Details
    • $15 SF/Yr
      25,388 SF

      Mercedes Plaza Executive Office Space

      Prime Mercedes, TX Office/Restaurant Space
      109 Texas Ave, Mercedes, TX 78570
      View Details
    • New
      $650 /Mo
      2,240 SF

      Prime Retail/Office Space, Mercedes TX

      Centrally located retail/office space in Mercedes, TX, near expressway.
      136 N Texas Ave, Mercedes, TX 78570
      View Details
    • $15 SF/Yr
      2,000 SF

      Retail Space at Signalized Corner

      25,388 SF retail building with high visibility and access.
      425 2Nd St, Mercedes, TX 78570
      View Details
    • $4,947 /Mo
      5,936 SF

      Mercedes Commercial Space For Lease

      Versatile 6,168 SF building on 2 acres available for lease.
      2000 Expressway 83 E, Mercedes, TX 78570
      View Details
    • $15 SF/Yr
      5,403 SF

      Mercedes Retail Plaza For Lease

      25,388 SF plaza with diverse tenant mix in Mercedes, TX.
      109 Texas Ave, Mercedes, TX 78570
      View Details
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    909 2nd St
    Mercedes, TX 78570-2501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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