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 |
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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 |
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Subdivision | Capisallo |
City | Mercedes |
County | Hidalgo |
State | TX |
Zip Code | 78570 |
Amenities
Utilities | Water Connected, Sewer Connected, Sewer Available |
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Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Exterior
Lot Description | Irregular Lot |
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School Information
District | Mercedes ISD |
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Elementary | Travis |
Middle | Mercedes Junior High |
High | Mercedes H.S. |
Additional Information
Date Listed | February 23rd, 2023 |
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Foreclosure | No |
Short Sale | No |
Listing Details
Agent | Michael Blum |
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Office | Nai Rio Grande Valley |
Contact Info | 956-451-5596 |