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 | $2,502,500 |
| 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
| Agent | Michael Blum |
|---|---|
| Office | Nai Rio Grande Valley |