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Leased Retail Space
For Sale
$472,500

5344 E US Highway 83, Rio Grande City, TX 78582

COMMERCIAL - Rio Grande City, TX

Property Size6,300 SF
Lot Size0.61 Acres
Price / SF$75
Days on Market136

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
Listed By: Ronaldo (Ronnie) Esparza
Added: Apr 15 Changed: Aug 4 Last Checked: Aug 28 at 11:06AM
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 was constructed in 2007. The building has a stucco exterior, flat roof, central heating, central air conditioning, and an electric water heater. An accessible approach with ramp serves the property, and the space is currently leased.

The site is positioned directly off US Highway 83 within a diverse commercial plaza and sits next to Rio Grande City Hall. The property carries an estimated cap rate upwards of 7.6%, providing a defined operating profile for prospective purchasers.

Key Highlights

  • 6,300‑square‑foot retail property on 0.612 acres
  • Currently leased with an estimated cap rate upwards of 7.6%
  • Directly off US Highway 83 within a diverse commercial plaza

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply HVAC Service Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby
28k
Monthly Visits Nearby

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The 2007 building features central HVAC, a stucco exterior, 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‑foot retail property on 0.612 acres; Currently leased with an estimated cap rate upwards of 7.6%; Directly off US Highway 83 within a diverse commercial plaza
More about this property
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