Leased Retail
For Sale
$472,500
5344 E US Highway 83, Rio Grande City, TX 78582
Commercial Sale, Rio Grande City, TX
Property Size6,300 SF
Lot Size0.61 Acres
Price / SF$75
Days on Market182
Property Features for 5344 E US Highway 83
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Accessibility
Accessible Approach with Ramp
Appliances
Electric Water Heater
Subdivision
Trophy Plex
Lot features
Medical Complex, Office Complex
Directions
Driving into Rio on HWY 83 across the street from Payne Ford in Rio Grande City.
Standard status
Active
APN
172700000200100000000
Size
6,300 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
16723
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2007
Floors in Building
1
Building materials
Stucco
Roof type
Flat
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Ronaldo (Ronnie) Esparza
(956) 777-8859
Added: Apr 15
Changed: Aug 31
Last Checked: Oct 13 at 1:06AM
MLS# 497455
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.
Investment Insights
Based on property information with market context.
This 6,300-square-foot retail property occupies 0.612 acres and is currently leased. Built in 2007, the building features stucco construction, a flat roof, central heating, central air conditioning, and an electric water heater. An accessible approach with ramp supports entry to the property.
The property is positioned along US Highway 83 within a commercial plaza and is next to Rio Grande City Hall. Its estimated cap rate is upwards of 7.6%, providing a defined investment metric alongside the existing lease status. The property is located at 5344 E US Highway 83 in Rio Grande City, Texas.
The property is positioned along US Highway 83 within a commercial plaza and is next to Rio Grande City Hall. Its estimated cap rate is upwards of 7.6%, providing a defined investment metric alongside the existing lease status. The property is located at 5344 E US Highway 83 in Rio Grande City, Texas.
Key Highlights
- 6,300 square feet on 0.612 acres
- Currently leased retail property
- Estimated cap rate upwards of 7.6%
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Hotels & Casinos 7%
Exxon
Shops & Services
15,897 visits/mo
0.3 miles
Family Dollar
Shops & Services
9,765 visits/mo
0.2 miles
Holiday Inn Express & Suites
Hotels & Casinos
1,863 visits/mo
0.2 miles
Demographics for 78582, TX
43,253
Population
14,743
Households
2.9
Avg Household Size
31
Median Age
13%
College-Educated
61%
High-School Grad
565.3 sq mi
ZIP Area
77
Density / Sq Mi
$41,452
Median Household Income
$23,855
Median Earnings
$738
Median Rent
$102,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Currently leased retail space with central HVAC and an accessible ramp approach.
Where is this retail space 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 $472,500.
What are key features of this property?
This property features: 6,300 square feet on 0.612 acres; Currently leased retail property; Estimated cap rate upwards of 7.6%
