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    1500 Hill St Rio Grande City, TX 78582

    For Sale
    $350,000

    Prime Commercial Land, Four Units, High ROI

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    301
    This exceptional investment opportunity in Rio Grande City, Texas, presents a 5,995.16 square foot commercial land parcel. The property, built in 2014, is ideally situated at 1500 Hill Street, 78582, offering convenient access to local schools and restaurants. Currently developed as a commercial plaza featuring four rentable units, three are already leased, generating immediate income. One unit remains available for lease, presenting an opportunity to increase revenue quickly. The property's location and existing tenant base make it an attractive investment for those seeking a strong return. The land's size and existing infrastructure provide flexibility for future development or expansion. This is a rare chance to acquire a well-positioned commercial property in a growing area. The asking price is $350,000. This property is classified as Commercial, Manufacturing, and Executive Office space. The property is zoned for commercial use. Serious inquiries only.

    Property Features for 1500 Hill St

    General Information

    Property type
    Manufacturing properties

    Building Details

    Year Built
    2014

    HighLights

    • $350,000 asking price.
    • 5,995.16 sq ft lot.
    • 2014 construction.
    • Rio Grande City, TX location.
    • Commercial, manufacturing, and executive office zoning.
    • Four rentable units, three currently leased.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm Skin Care Clinic

    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
    -98.8283883
    Latitude
    26.3940779

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Commercial Land, Four Units, High ROI
    Where is this manufacturing property located?
    The property is located at 1500 Hill St Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 5,995.16 sq ft lot.; 2014 construction.
    Request Owner's contact information
    1500 Hill St Rio Grande City, TX 78582
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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
    1500 Hill St Rio Grande City, TX 78582
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