Address
0 Expressway 83 Mercedes, TX
Price
$ 6,194,232
Property Attributes
  • MLS#366758
  • TypeLand
  • CountyHIDALGO
  • CityMercedes
  • AreaMercedes
  • NeighborhoodCapisallo
  • Zip78570
  • StyleUnimproved Land
  • Taxes$ 298
  • Price$ 6,194,232
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size23.7 Acres
Listing Provided Courtesy Of:
Hanna Solutions
Data Source:
Greater McAllen Association of REALTORS® (GMAOR)
Property Description

This hard corner lot in Mercedes, TX is ready for development! With over 1,000 feet of frontage on US Interstate 2, this 23.7 AC site is ideal for a truck stop, retail, and hospitality. Located across the interstate from La Quinta Inn & Suites, over 50,000 vehicles pass this location daily. Another nearby traffic generator is the Rio Grande Valley Premium Outlets which captures the attention of over two million tourists who frequent the area annually. Mercedes, TX is part of the McAllen-Edinburg-Mission metro market which is the 5th largest MSA in Texas and growing.

Elementary School Middle School High School
Hinojosa Elementary School Mercedes Junior High Mercedes H.S.
Price History
10/1/2021 Listed $6,194,232

General Features

Association Y/N No
Building Area Units Square Feet
City Mercedes
Community Features None
County Hidalgo
Directions Southwest corner of Mile 2 & Interstate 2
Elementary School Hinojosa
Elementary School District Mercedes ISD
High School Mercedes H.S.
High School District Mercedes ISD
Lot Size Square Feet 1032372
Middle/Junior High School Mercedes Junior High
Middle/Junior School District Mercedes ISD
Possession Closing and Funding
Possible Use Subdevelopment
Property SubType Unimproved Land
Property Type Land
Sewer None
Standard Status Active
Status Active
Street Name Expressway 83
Subdivision Name Capisallo
Tax Annual Amount 298
Tax Year 2021
Utilities None
Water Comments N/A

Interior Features

Electric On Property Y/N No
Living Area Units Square Feet

Exterior Features

Crops None
Fencing None
Lot Features Corner Lot
Lot Size Acres 23.7
Lot Size Area 1032372
Lot Size Units Square Feet
Road Frontage Type Interstate
Road Surface Type Paved
Water Source Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 78570

Price
AVG $560K
$6.19M
Taxes
AVG $2,121
$298
Visits
AVG 69
50

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