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    Property profile & analytics

    Mercedes, TX 78570

    • Bars
    • 2,456 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Last Sale
    Jul 07, 2023
    Location Intelligence
    Property ID
    US82-7224583
    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

    • Bars

    Property Details

    Year built
    1970
    Lot size
    0.23 lot acres
    Property size
    2,456 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    M3550-00-035-0000-25
    APU
    M355000035000025

    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
    -97.9109
    Latitude
    26.1525
    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
    $2,823
    $44,083
    $49,292
    $93,375
    -
    $44,083
    $49,292
    $93,375

    Comparable in this City

    • Value Estimation by Request
      3,695 SF

      321 Ohio Ave

      BAR, TAVERN • 3,695 SF
      321 Ohio Ave, Mercedes, TX 78570-3117
      View Details
    • Value Estimation by Request
      1,496 SF

      215 Ruben Velagilberto Perez Ave

      BAR, TAVERN • 1,496 SF
      215 Ruben Velagilberto Perez Ave, Mercedes, TX 78570-2715
      View Details
    • Value Estimation
      $470,000
      3,590 SF

      Illinois Ave

      BAR, TAVERN • 3,590 SF
      Illinois Ave, Mercedes, TX 78570
      View Details
    • Value Estimation
      $375,000
      4,950 SF

      Illinois

      BAR, TAVERN • 4,950 SF
      Illinois, Mercedes, TX 78570
      View Details
    • Value Estimation
      $365,000
      6,598 SF

      313 Ohio Ave

      BAR, TAVERN • 6,598 SF
      313 Ohio Ave, Mercedes, TX 78570-3117
      View Details
    • Value Estimation
      $365,000
      2,540 SF

      115 Virginia Ave

      BAR, TAVERN • 2,540 SF
      115 Virginia Ave, Mercedes, TX 78570-2613
      View Details

    Similar Nearby for Sale

    • $278,000
      1,064 SF

      Mercedes Restaurant & Store

      High-traffic corner, excellent visibility
      544 Texas Ave, Mercedes, TX 78570
      View Details
    • $278,000

      Prime Mercedes Restaurant Land

      High-traffic corner lot, ideal for restaurant.
      544 Texas Ave, Mercedes, TX 78570
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    • $520,000
      8,569 SF

      Mercedes, TX Commercial Property

      Commercial property suitable for retail, restaurant, or office use.
      1020 N Baseline Rd, Mercedes, TX 78570
      View Details
    • $499,500
      1.88 Acres

      Mercedes Commercial Land Opportunity

      1.88-acre lot, new building, great investment.
      14389 Mile 2, Mercedes, TX 78570
      View Details
    • $349,000
      1,800 SF

      Mercedes Commercial Property on International Blvd

      Commercial property in high-traffic area, suitable for redevelopment.
      4320 N International Blvd, Mercedes, TX 78570
      View Details
    • Contact for pricing
      17,167 SF

      Mercedes Retail Property Near Outlets

      Four-bay retail property in Mercedes, Texas, near Rio Grande Outlets.
      5006 Expy East, Mercedes, TX 78570
      View Details

    Similar Nearby for Lease

    • $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
    • $18 SF/Yr
      5,403 SF

      Mercedes Retail Plaza For Rent

      25,388 SF plaza near IH-2 with diverse tenant mix.
      103 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
    • $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
    • Contact for pricing
      11,191 SF

      Regional Power Center Retail Space

      Retail space in high-traffic regional power center.
      6001 Expressway 83 E, 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
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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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