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    770 Alvarez Rd Rio Grande City, TX 78582

    For Sale
    $1,782,000

    132 Acres, Commercial & Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 132-acre property located at 770 N Alvarez Road, Rio Grande City, Texas, 78582 presents a remarkable investment opportunity. Situated in Starr County, this expansive land parcel offers unparalleled versatility for diverse development projects. Its zoning allows for both commercial and residential uses, opening doors to a wide range of possibilities, from large-scale residential communities to commercial ventures. The substantial acreage provides ample space for creative planning and execution, catering to the increasing demand for real estate in this rapidly growing region. The property's strategic location within a flourishing area makes it particularly attractive to investors and developers seeking to capitalize on the area's significant growth potential. This is a rare chance to acquire a significant land holding in a dynamic Texas market. The asking price is $1,782,000. The property's latitude and longitude coordinates are 26.4295844, -98.887864 respectively. This substantial land parcel offers a unique chance to shape the future of this thriving community. Consider the possibilities of a mixed-use development, combining residential and commercial elements to create a vibrant and self-sustaining community. The sheer size of the property allows for extensive planning and the incorporation of various amenities, making it an ideal location for a long-term investment. Don't miss this opportunity to secure a piece of Texas's burgeoning real estate market.

    Property Features for 770 Alvarez Rd

    General Information

    Property type
    Land
    Lot Size
    5,749,920 SF

    HighLights

    • 132‑acre commercial and residential zoned land parcel in Rio Grande City, Texas.
    • Located at 770 N Alvarez Road, Starr County, 78582.
    • Asking price: $1,782,000.
    • Coordinates: 26.4295844, -98.887864.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Hotel & Motel Department 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
    -98.887864
    Latitude
    26.4295844

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    FAQs

    What type of property is this?
    Land - 132 Acres, Commercial & Residential Potential
    Where is this land located?
    The property is located at 770 Alvarez Rd Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $1,782,000.
    What are key features of this property?
    This property features: 132-acre commercial and residential zoned land parcel in Rio Grande City, Texas.; Located at 770 N Alvarez Road, Starr County, 78582.; Asking price: $1,782,000.
    Request Owner's contact information
    770 Alvarez Rd 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
    770 Alvarez Rd Rio Grande City, TX 78582
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