544 Texas AveMercedes, TX 78570

For Sale
$278,000

High-traffic corner, excellent visibility

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A retail property, a 1,064 sq ft restaurant and food store, is situated on a 0.20-acre hard corner lot at the intersection of Expressway 83 (I-2), Texas Avenue, and FM 491 in Mercedes, Texas (78570). This high-traffic location boasts over 84,000 vehicles daily, offering unparalleled visibility and accessibility. The property is a fee-simple ownership with a gross lease in place for one year remaining, currently at 100% occupancy. Located on the north side of Expressway 83, it benefits from its proximity to the Rio Grande Valley livestock show and sits along Mercedes' main commercial corridor, Texas Avenue. The strategic location at the convergence of three major thoroughfares provides exceptional exposure to a large customer base. This area exhibits consistent value growth due to expanding commercial demand and limited competition, making this a prime investment opportunity. The property's address is 544 & 546 N Texas Ave, Hidalgo County. This is a rare opportunity to acquire a thriving business in a high-growth area.

Highlights

  • Hard corner, 0.20-acre site at Expressway 83 (I-2), Texas Ave, and FM 491 in Mercedes, TX.
  • Excellent location on Mercedes' main commercial corridor with over 84,000 vehicles daily.
  • Growing trade area with limited competition and expanding commercial demand.
  • Excellent visibility from three major thoroughfares.
  • Strong traffic counts exceeding 84,000 vehicles daily.
  • Located at the intersection of three major thoroughfares: Expressway 83, Texas Avenue, and FM 491.

Property Details for 544 Texas Ave

Property type
Other retail properties, Restaurants
Square Feet
1,064 SF
Class
A

Location Insight

City
Mercedes
County
Hidalgo
State
Texas
Latitude
26.157343
Longitude
-97.9138062
544 Texas Ave, Mercedes, Texas

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544 Texas Ave
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