Investment Overview
This ±5.81-acre corner commercial site offers excellent visibility and frontage along Expressway 83 in Mercedes, Texas. Positioned between freeway entrance and exit ramps, the property provides convenient highway access and connectivity to both the eastern and western portions of the Rio Grande Valley. The site is well-suited for retail, commercial, or build-to-suit development. The property features existing utilities, three warehouses, two previously approved entrances, and an income-producing LAMAR billboard lease. Surrounded by established commercial and residential development, the site presents an attractive opportunity for investors and developers seeking a centrally located commercial property with strong development potential.
Investment Highlights
- 3 Warehouses on the property that total 4,640 SF. 2,880 SF, 880 SF, 880 SF, and the office is 1,705 SF
- Functioning water well; Existing 8-inch water line along Mile 2½ E Road
- Operational septic system
- On-site service through Magic Valley Electric Cooperative
- Northern boundary adjoins a recently improved Hidalgo County drainage canal
- Potential paving of the eastern roadway, subject to City confirmation