200 16thMercedes, TX 78570

Off market
$29,440,230 Estimated
  • Office buildings
  • 13,096 SF

Property Details for 200 16th

Year built
2019
Lot size
2.94 AC
Property size (Sq ft)
13,096 SF
Property type
Office buildings
APN
M3550-00-179-0000-10
APU
M355000179000010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,990,239
    6.5%
    $1,837,144
    7%
    $1,705,919
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,237,572
    Geo Method
    $2,976,328
  • Alternative Use

    Use
    Valuation
    Residential
    $2,278,058
    Hospitality
    $2,086,689
    Educational
    $1,736,101
    Medical
    $1,795,808
    Retail
    $2,700,602
200 16th, Mercedes, Texas

Location Insight

City
Mercedes
County
Hidalgo
State
Texas
Latitude
26.1355
Longitude
-97.9108
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$422,400
$447,194
$869,594
-
$422,400
$447,194
$869,594

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