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    5344 E Us Highway 83 Rio Grande City, TX 78582

    For Sale
    $630,000

    Commercial - Rio Grande City, TX

    Property size:
    6,300 SF
    Lot size:
    0.61 Acres
    Days on Market:
    280
    Last Refresh:
    Dec 9 at 5:06 am

    Property Features for 5344 E Us Highway 83

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    172700000200100000000
    Parking
    10
    Parking features
    Paved or Surfaced
    Size
    6,300 SF
    Lot size
    0.61 Acres

    Utilities

    Heating system
    Central

    Building Details

    Year built
    2007
    Architectural style
    Other

    eXp Realty, LLC (888) 519-7431 [email protected]

    Listing agent Ronaldo (Ronnie) Esparza (888) 519-7431

    Listing date Mar 5, 2025

    MLS# 463827 Listing URL

    Copyright © 2025 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.

    Overview

    Rio Grande City Commercial Property

    This income-producing commercial property is located in Rio Grande City, Texas. The property features 6,300 square feet of space and is situated directly off Highway 83 within a commercial plaza, next to Rio Grande City Hall. The property is currently leased and has an estimated cap rate upwards of 7.6%. Located in a growing city, this property may be a suitable addition to an investment portfolio. The lot size is 0.612 acres.
    Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rio Grande City
    County
    Starr
    State
    Texas
    Longitude
    -98.770677
    Latitude
    26.353296

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    FAQs

    What type of property is this?
    Investment property - Income-producing commercial property in Rio Grande City, Texas.
    Where is this investment property located?
    The property is located at 5344 E Us Highway 83 Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $630,000.
    What are key features of this property?
    This property features: - Income-producing commercial property with an estimated cap rate upwards of 7.6%.; - Located directly off Hwy 83, next to Rio Grande City Hall.; - Situated within a diverse commercial plaza.
    (888) 519-7431
    Request Owner's contact information
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    Rio Grande City, TX 78582
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    Realmo Value Estimation

    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.

    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.

    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
    5344 E Us Highway 83 Rio Grande City, TX 78582
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