
$97,500
NAL Estimated Property Value980 S RIO RICO RD., MERCEDES, TX, 78570
About this property
This property offers a prime location for anyone looking to establish a business in the heart of Mercedes, TX. Situated on a corner lot, it offers high visibility and accessibility to potential customers. The lot's proximity to Mercedes High School is also a great advantage, as it could attract traffic from the school's students, faculty, and staff. The area is ideal for a small convenience store, fast food restaurant, or any other service-oriented business that could cater to the needs of the local community. Whether you're an entrepreneur looking for a new business opportunity or an investor seeking a promising commercial property, this corner lot is definitely worth considering.
Investor Tools
Financing Details
Learn About the Market: Opportunity in Texas




Explore
Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: MERCEDES
No Agent List Top Properties.
These are Deal List properties graded A+, A.
Loading properties...
Sold Properties
Loading properties...