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    652 Us Highway 83 Rio Grande City, TX 78582

    For Sale
    $209,000

    Prime Main Street location, 13,000 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land offering presents a unique investment opportunity in the heart of Rio Grande City, Texas. Encompassing two city lots totaling 13,000 square feet, this property boasts a highly desirable Main Street address, ensuring excellent visibility and accessibility. The lots provide a strong foundation for a variety of commercial ventures, benefiting from convenient city street access. This corner lot location further enhances its appeal and potential. For those seeking expansion, the strategic positioning of this property allows for the acquisition of additional land. Four adjacent lots to the west and two lots to the north on 2nd Street are available for purchase, providing significant potential for growth and development. This presents a rare chance to secure a substantial footprint in a thriving Texas community. The asking price of $209,000 makes this an attractive proposition for investors seeking a prime commercial location with expansion possibilities. Don't miss this opportunity to establish a presence in this dynamic area. Act quickly to secure this exceptional property.

    Property Features for 652 Us Highway 83

    General Information

    Property type
    Land

    HighLights

    • 13,000 SF corner lot on Main Street in Rio Grande City, TX.
    • Excellent visibility and accessibility with city street access.
    • Four adjacent lots available for purchase, offering expansion potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -98.82557673093
    Latitude
    26.380554491465

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    FAQs

    What type of property is this?
    Land - Prime Main Street location, 13,000 sq ft.
    Where is this land located?
    The property is located at 652 Us Highway 83 Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $209,000.
    What are key features of this property?
    This property features: 13,000 SF corner lot on Main Street in Rio Grande City, TX.; Excellent visibility and accessibility with city street access.; Four adjacent lots available for purchase, offering expansion potential.
    (956) 378-7355
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    652 Us Highway 83 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
    652 Us Highway 83 Rio Grande City, TX 78582
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