Mile 1 Road E, Mercedes, TX

$3,103,100

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2,180,178

Square feet

50.05

Acres

About Mile 1 Road E

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.

Features of Mile 1 Road E

MLS® # 398958
Price $3,103,100
Bathrooms 0.00
Square Footage 2,180,178
Acres 50.05
Type Land
Sub-Type Acreage
Status Active

Community Information

Address Mile 1 Road E
Subdivision Capisallo
City Mercedes
County Hidalgo
State TX
Zip Code 78570

Amenities

Utilities Water Connected, Sewer Connected, Sewer Available
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Irregular Lot

School Information

District Mercedes ISD
Elementary Travis
Middle Mercedes Junior High
High Mercedes H.S.

Additional Information

Date Listed February 23rd, 2023
Foreclosure No
Short Sale No

Listing Details

AgentMichael Blum
OfficeNai Rio Grande Valley

Listing Map

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