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    Rio Hondo, TX
    Grocery Store

    Rio Hondo, TX Grocery And Convenience Stores for Sale

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    San Benito, TX Harlingen, TX Lozano, TX Los Fresnos, TX Raymondville, TX Linn, TX Combes, TX
    Corner Convenience Store Building
    Updated: Dec 19, 2025
    Corner Convenience Store Building

    229 W Colorado St, Rio Hondo, TX 78583

    $179,000
    1,816 sqft 0.17 AC lot
    1,816‑square‑foot commercial building
    Built in 1990 with cement block construction
    50' x 151' corner lot
    Currently used as a bakery and convenience store
    Bakery stoves and ovens with natural gas service available separately
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    This listing looks promising.

    Here's a quick look at some key insights for

    229 W Colorado St, Rio Hondo, TX

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    • Est. Cap Rate

      4.8%
      NOI ÷ price

    • Est. NOI

      $8K
      Annual

    • Price @ 7% Cap

      $121K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Rio Hondo, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Convenience Store with Freezers
    Convenience Store with Freezers

    31470 Fm 510, San Benito, TX 78586

    $695,000

    Convenience store for sale with included freezers and merchandise, operating for over 25 years.

    View details
    Established Meat Market Opportunity
    Established Meat Market Opportunity

    1221 N 7th St, Harlingen, TX 78550

    Contact for pricing
    16,201 sqft

    Real estate suitable for a turnkey operation or redevelopment.

    View details
    Commercial Property on One Acre
    Commercial Property on One Acre

    20421 US HIGHWAY 281, San Benito, TX 78586

    Contact for pricing
    1.00 AC lot

    Versatile commercial property suitable for retail, restaurant, or convenience store.

    View details
    As-Is Restaurant Property
    As-Is Restaurant Property

    901 HARRISON AVE., Harlingen, TX 78550

    Contact for pricing

    Existing improvements require repairs, with buyer responsibility for removing underground gas storage tanks.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Harlingen Land For Sale
    Harlingen Land For Sale

    ORICHID ST lot: 13, Harlingen, TX 78550

    $79,000
    0.60 AC lot

    Spacious lots in new community, convenient location.

    View details
    Commercial Land Near International Bridge
    Commercial Land Near International Bridge

    6.12 ACRES MILITARY HWY., Los Indios, TX 78586

    $1,333,000
    6.12 AC lot

    Corner commercial land with access from two highways and public water and sewer.

    View details
    Pond-Adjacent Industrial Development Land
    Pond-Adjacent Industrial Development Land

    Expressway 77 Freeway, Raymondville, TX 78580

    $1,040,000
    57.65 AC lot

    57.649-acre development site with a 5-acre retention pond and existing utility infrastructure along the I-69 Expressway 77 corridor.

    View details

    Rio Hondo, TX Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Rio Hondo, TX on our real estate platform. These investment opportunities span a total of 1,816 square feet of properties for sale, with an estimated market value of $179,000.

    Sale prices for supermarkets in Rio Hondo, TX average $179,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Grocery and convenience stores 1

    Demographics Overview

    Population 5,472
    Population Growth (5Y) -25.3%
    Median Household Income $61,315
    College Educated 19.4%

    High-Yield Neighborhoods for Investment

    Identify Rio Hondo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    78583 $179K

    Taxes & Financing

    Tax Rate (average for all types) 1.52%
    Property Tax per SF $36.37 per SF
    Tax Rate vs County Average 0.29 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cameron County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cameron County

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