Leased Retail Suite in
For Sale
$472,500
5344 US Highway 83, Rio Grande City, TX 78582
Retail suite in a commercial plaza, directly off Hwy 83 and next to Rio Grande City Hall, currently leased.
Property Size6,300 SF
Price / SF$75
Days on Market220
Property Features for 5344 US Highway 83
General Information
Standard status
Active
Size
6,300 SF
Property subtype
General Commercial
Financials
Cap Rate
7.6%
Business Included
Yes
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$16,723
Amenities
Central Air
3
10 Parking Spaces. Paved Driveway.
Handicapped Access. State Road, Paved Road.
Building Details
Year Built
2007
Listing Agency:
Exp Realty Llc
(956) 777-8859
Listed By:
Ronaldo (Ronnie) Esparza
(956) 777-8859
Source:
Xome
Added: Jan 4
Changed: Aug 8
Last Checked: Aug 12 at 4:04AM
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 Exp Realty Llc
Investment Insights
Based on property information with market context.
This leased retail suite is located within a commercial plaza in Rio Grande City, Texas. The property consists of 6,300 square feet (Unit B2) and is currently occupied under lease terms.
The suite is positioned directly off Hwy 83 and is next to Rio Grande City Hall, placing it within a diversified commercial environment.
For sale as an income-producing retail investment, the offering includes the current leased status and related property financials referenced in the listing remarks.
The suite is positioned directly off Hwy 83 and is next to Rio Grande City Hall, placing it within a diversified commercial environment.
For sale as an income-producing retail investment, the offering includes the current leased status and related property financials referenced in the listing remarks.
Key Highlights
- 6,300 SF retail suite in a commercial plaza in Rio Grande City, TX, directly off Hwy 83
- Located next to Rio Grande City Hall
- Property is currently leased and described as income producing
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Hotels & Casinos 7%
Electronics 3%
Exxon
Shops & Services
15,897 visits/mo
0.0 miles
Family Dollar
Shops & Services
9,765 visits/mo
0.1 miles
Holiday Inn Express & Suites
Hotels & Casinos
1,863 visits/mo
0.1 miles
Metro by T-Mobile
Electronics
923 visits/mo
0.4 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail suite in a commercial plaza, directly off Hwy 83 and next to Rio Grande City Hall, currently leased.
Where is this strip mall located?
The property is located at 5344 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 SF retail suite in a commercial plaza in Rio Grande City, TX, directly off Hwy 83; Located next to Rio Grande City Hall; Property is currently leased and described as income producing
