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    37 Redwood St Rio Grande City, TX 78582

    For Lease
    $1,000 /Mo

    1.28 acres suitable for retail, office, or mixed-use development.

    Property size:
    1 SF
    Lot size:
    1.28 Acres

    Property Features for 37 Redwood St

    General Information

    Size
    1 SF
    Lot size
    1.28 Acres

    Source: Laura Liza Paz, SIOR Agent Laura Liza Paz, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land for New Development

    This 1.28-acre commercial land is located at the corner of Redwood and Olmos Street in Rio Grande City. The property has frontage on FM 755 and is directly across the street from a new retail development currently in progress. The site is suitable for new retail, office, or mixed-use development. The area has seen an increase in retail sales tax revenues, from $3.8 million to $4.5 million.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Clothing Store

    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
    -98.795433
    Latitude
    26.371289

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    FAQs

    What type of property is this?
    Land - 1.28 acres suitable for retail, office, or mixed-use development.
    Where is this land located?
    The property is located at 37 Redwood St Rio Grande City, TX.
    What is the lease rate?
    The lease rate is $12,000 /Mo.
    What are key features of this property?
    This property features: - Prime location directly across from new retail development.; - Frontage on the newest wing of FM 755.; - Suitable for new development (retail, office, mixed-use).
    (956) 227-8000
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    37 Redwood 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
    37 Redwood St Rio Grande City, TX 78582
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