Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    00 E Grant St Roma, TX 78584

    Sponsored
    For Sale
    $75,000

    Commercial - Roma, TX

    Lot size:
    0.17 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 24 at 4:06 am

    Property Features for 00 E Grant St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    001650740000900028500
    Lot size
    0.17 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jaime Gonzalez

    RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV (956) 566-8377

    Listing agent Jaime Lee Gonzalez (956) 928-1155

    Listing date Jan 14, 2026

    MLS# 477003 Listing URL

    Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Roma, TX Corner Lot

    This property features a 7,405 square foot corner lot in Roma, Texas. The lot is located just off US Highway 83, offering excellent visibility and high traffic. The property's accessibility and exposure make it suitable for a commercial business. The lot size is approximately 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roma
    County
    Starr
    State
    Texas
    Longitude
    -98.990532
    Latitude
    26.404285

    Nearby Similar for Sale

    • $275,000
      7,190 SF

      Event Center on 5+ Acres

      Former event center with adaptable space on over 5 acres.
      907 N Eagle Ave, Roma, TX 78584
      View Details
    • $400,000
      3,374 SF

      Restaurant and Leased Building on Highway

      Restaurant and leased building on highway with high traffic flow.
      4812 W Us Highway 83, Roma, TX 78584
      View Details
    • $600,000

      231 Acres Ranch in Roma,TX

      231 acres ranch featuring timber, ponds, and diverse wildlife.
      523 San Roman, Roma, TX 78584
      View Details
    • $90,000
      384 SF

      Commercial Property in Roma, Texas

      Commercial property with office, concrete pad, and ample yard space.
      123 Flores St, Roma, TX 78584
      View Details
    • $189,000
      2,520 SF

      Roma, TX Commercial Property

      2,520 SF commercial property on US Hwy 83 in Roma, TX.
      1208 N Grant St, Roma, TX 78584
      View Details
    • $200,000
      1,840 SF

      Roma, TX Mixed-Use Property

      Corner commercial property with retail and apartments in Roma, TX.
      1008 Grant St, Roma, TX 78584
      View Details
    • $440,000
      1,002 SF

      Roma, TX Commercial Property

      Commercial property for sale on US Hwy 83/Grant St.
      1706 Grant St, Roma, TX 78584
      View Details
    • $949,000
      8,136 SF

      Roma, TX Commercial Property

      Commercial property with frontage on Business Highway 83 in Roma.
      1972 Grant St, Roma, TX 78584
      View Details
    • $199,500
      6,170 SF

      Roma Commercial Property: Prime Location

      High-potential commercial property in Roma, TX.
      27 Eagle Ave, Roma, TX 78584
      View Details
    • $189,000
      2,520 SF

      Roma Commercial Building - Hwy 83

      High-traffic location, versatile space. Great investment!
      1208 Grant St, Roma, TX 78584
      View Details
    • $400,000
      3,374 SF

      Roma Restaurant & Investment Opportunity

      Highway 83 Commercial Property - Dual Income
      4812 Us Highway 83, Roma, TX 78584
      View Details
    • $949,000
      8,136 SF

      Roma Commercial Property - Prime Location

      High-Visibility Multi-Building Commercial Space
      1972 Grant St, Roma, TX 78584
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lot in Roma, TX, great for commercial business.
    Where is this commercial land located?
    The property is located at 00 E Grant St Roma, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Large 7,405 sq. ft. corner lot.; - Ideally located just off US Hwy 83 in Roma.; - Excellent visibility.
    (956) 566-8377
    Request Owner's contact information
    00 E Grant St Roma, TX 78584
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 E Grant St
    Roma, TX 78584
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 E Grant St Roma, TX 78584
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jaime Gonzalez
    (956) 566-8377
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.