0 Mile 1 Road
Mercedes, TX 78570
50.05 acres | #398958
Description
This 50.05 acre tract is located south of I-2 on the east side of Mile 1 East, and adjacent to Hwy 83 parallel to Iron Horse Railroad. The site is ideal for a mixed-use development. While it is not inside the city limits at this time, it will likely be annexed on development. At an average of 4 lots to the acre, the site can support 180 or more single-family home sites with land for multi-family and commercial uses too. Drone video embedded in the marketing flyer shows land in relation to Mile1 East and Hwy 83 and Railroad.
Property Details
- Lot DescriptionIrregular Lot
Measurements
- Acres50.05
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesWater Connected, Sewer Connected, Sewer Available
- Utility SourcePublic, City
Community and Neighborhood Details
- SubdivisionCapisallo
Location
- Middle SchoolMercedes Junior High
- High SchoolMercedes H.S.
- CountyHidalgo
- Elementary SchoolTravis
Financial Details
- Original List Price$3,850,000
Other
- MLS #398958
Location
Legal
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Last Updated: . Source: GMAR
Listing Courtesy
Listing Agent: Michael J. Blum (#801000289)
Listing Office: Nai Rio Grande Valley (#418)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
