1947 Mile 6thMercedes, TX 78570

  • Office properties
  • 12,276 SF
Off market
$477,829 Estimated

Property Details for 1947 Mile 6th

Year built
2003
Construction
FRAME
Lot size
11.27 AC
Property size (Sq ft)
12,276 SF
Property type
Office properties
Property subtype
Office buildings
APN
C1400-00-029-0004-04
APU
C140000029000404

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,865,852
    6.5%
    $1,722,324
    7%
    $1,599,301
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,160,211
    Geo Method
    $2,789,966
  • Alternative Use

    Use
    Valuation
    Residential
    $2,135,682
    Hospitality
    $1,956,274
    Educational
    $1,627,597
    Medical
    $1,683,572
    Retail
    $2,531,817
1947 Mile 6th, Mercedes, Texas

Location Insight

City
Mercedes
County
Hidalgo
State
Texas
Latitude
26.1407
Longitude
-97.8765
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $313,756
  • Assessed land value
    $81,144
  • Assessed value
    $394,900
  • Tax year
    2022
  • Tax bill
    $9,017

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