1201 Baseline RdMercedes, TX 78570

For Sale
$380,000

Prime 5-acre office complex, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity in Mercedes, Texas, presents a 5.19-acre parcel encompassing a thriving multi-business complex. The property, built in 1960, includes an executive office building currently housing a salon and a tire shop/carwash, both generating ongoing revenue. Additionally, Watermill is a current tenant, adding another revenue stream to this already profitable property. A house situated on the west side of the property is included in the sale, offered "as is," presenting potential for use as headquarters or an additional rental unit. This strategic location offers significant advantages, situated near the Rio Grande Valley Livestock Show Grounds and Mercedes RGV Premium Outlets Shopping Centers, and adjacent to a new development, promising future growth and increased property value. The ample land provides substantial room for expansion or future development projects, maximizing investment returns. The asking price of $380,000 reflects a compelling opportunity for investors seeking a high-return, multi-faceted commercial property in a rapidly developing area. This is a rare chance to acquire a well-established, income-producing property with significant upside potential. The property is located at 1201 BASELINE RD., Mercedes, TX 78570.

Highlights

  • $380,000 asking price.
  • Executive office property built in 1960.
  • 5.19-acre lot with expansion potential in Mercedes, TX.
  • Includes a salon, tire shop/carwash, and a house (as-is).
  • Located near the Rio Grande Valley Livestock Show Grounds and Mercedes RGV Premium Outlets.

Property Details for 1201 Baseline Rd

Property type
Other office properties, Office properties
Year Built
1960

Location Insight

City
Mercedes
County
HIDALGO
State
Texas
Latitude
26.1666914
Longitude
-97.9105519
1201 Baseline Rd, Mercedes, Texas

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1201 Baseline Rd
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