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330 N Mile 1 - NEAR RGV PREMIUM OUTLETS 1.95 Acres of Commercial Land Offered at $1,100,000 in Mercedes, TX 78570
INVESTMENT HIGHLIGHTS
- Heavy daytime traffic
- Close proximity to the Rio Grande Valley Premium Outlets
- Retail development potential
EXECUTIVE SUMMARY
Presented by Hanna Solutions Commercial Real Estate, this standout 1.95-acre property at 330 N. Mile 1 RD, Mercedes, TX is an unparalleled commercial opportunity that's too good to overlook.
Boasting 240 feet of expressway frontage directly on Interstate 2, this high-visibility location is zoned C-3 for General Commercial use, making it a versatile and attractive prospect for businesses and investors alike.
This property's strategic positioning is not it's only selling point. Situated along a vibrant corridor, it is in close proximity to the RGV Premium Outlets, a major retail destination that pulls in over 7 million annual visitors.
Moreover, the recent addition of Starbucks on the opposing corner further boosts this area's commercial potential, promising a steady stream of foot traffic that any business would covet.
This hard corner real estate is prime for the taking. Whether you envision it as a thriving retail store, a trendy restaurant, or an entertainment venue, the sky is truly the limit with this opportunity.
BRING ALL OFFERS, WE MAKE DEALS HAPPEN.
Boasting 240 feet of expressway frontage directly on Interstate 2, this high-visibility location is zoned C-3 for General Commercial use, making it a versatile and attractive prospect for businesses and investors alike.
This property's strategic positioning is not it's only selling point. Situated along a vibrant corridor, it is in close proximity to the RGV Premium Outlets, a major retail destination that pulls in over 7 million annual visitors.
Moreover, the recent addition of Starbucks on the opposing corner further boosts this area's commercial potential, promising a steady stream of foot traffic that any business would covet.
This hard corner real estate is prime for the taking. Whether you envision it as a thriving retail store, a trendy restaurant, or an entertainment venue, the sky is truly the limit with this opportunity.
BRING ALL OFFERS, WE MAKE DEALS HAPPEN.
PROPERTY FACTS
| Price | $1,100,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.95 AC |
| Zoning | General Commercial | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.95 AC |
| Zoning | General Commercial |
1 LOT AVAILABLE
Lot 16
| Price | $1,100,000 | Lot Size | 1.95 AC |
| Price Per AC | $564,102.56 |
| Price | $1,100,000 |
| Price Per AC | $564,102.56 |
| Lot Size | 1.95 AC |
DESCRIPTION
Property Highlights • Across from the Rio Grande Premium Outlet Mall, with over 7,000,000 domestic and international visitors annually. • Adjacent to the proposed Mercedes Hotel and Conventions Center. • Within the McAllen-Mission-Edinburg MSA, which is one of the fastest growing in Texas. • Expressway 83/Interstate e has over 61,367 vehicles per day passing through the intersection. • Average consumer spending in 2017 within a 15 minutes drive radius was $70,312,325.
PROPERTY TAXES
| Parcel Number | C1400-00-065-0016-00 | Improvements Assessment | $0 |
| Land Assessment | $1,064,195 | Total Assessment | $1,064,195 |
PROPERTY TAXES
Parcel Number
C1400-00-065-0016-00
Land Assessment
$1,064,195
Improvements Assessment
$0
Total Assessment
$1,064,195
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330 N Mile 1 - NEAR RGV PREMIUM OUTLETS
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