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Leased Retail Space
New
For Sale
$472,500

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

An occupied commercial unit sits within a mixed-business plaza near Rio Grande City Hall.

Property Size6,300 SF
Price / SF$75
Days on Market2

Property Features for 5344 E US Highway 83

General Information

Standard status Active
Size 6,300 SF
Property subtype Commercial

Additional Details

Highway Access Yes
Tenant in Place Yes

Building Details

Year Built 2007
Listing Agency: SANETI REALTY GROUP
Listed By: Alberto Sanchez
Source: Sanetirealty
Added: Nov 1 Last Checked: Nov 1 at 3:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SANETI REALTY GROUP

Rey
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Investment Insights

Based on property information with market context.

This 6,300-square-foot retail property was built in 2007 and is currently leased, providing an existing tenancy within a commercial plaza.

The property fronts US Highway 83 in Rio Grande City, Texas, next to Rio Grande City Hall. Its plaza setting places it among a range of commercial businesses.

Key Highlights

  • 6,300 square feet of retail space
  • Currently leased
  • Built in 2007

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Lease Details

Yes
Highway access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Retail space - An occupied commercial unit sits within a mixed-business plaza near Rio Grande City Hall.
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 of retail space; Currently leased; Built in 2007
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