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    000 Us Highway 83 Rio Grande City, TX 78582

    For Sale
    $795,000

    5.73 Acres, Highway 83 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.73-acre property boasts a highly desirable location in Rio Grande City, Texas, directly on US Highway 83. Its strategic placement next to Tractor Supply ensures high visibility and convenient access. The land presents a unique opportunity for various development possibilities, ideal for those seeking a blend of rural tranquility and convenient access to urban amenities. The property includes a substantial existing 1,984 square foot home, offering immediate use or potential for renovation and expansion. The expansive lot size provides ample space for a variety of uses, from residential development to commercial ventures. The address is 000 W US Highway 83, Rio Grande City, TX 78582, within Starr County. Its location on a major highway offers significant advantages for businesses seeking high traffic exposure. The asking price for this remarkable property is $795,000. This is a rare opportunity to acquire a significant parcel of land in a rapidly growing area. Don't miss out on this chance to secure a prime piece of real estate in a thriving Texas community. The property's size and location make it an attractive investment for both residential and commercial purposes. Serious inquiries are encouraged.

    Property Features for 000 Us Highway 83

    General Information

    Property type
    Land
    Lot Size
    249,599 SF

    HighLights

    • $795,000 asking price.
    • 5.73‑acre residential land parcel.
    • Located in Rio Grande City, TX, on US Highway 83 near Tractor Supply.
    • Includes a 1,984 sq ft home.
    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
    -98.7500861
    Latitude
    26.3451873

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    FAQs

    What type of property is this?
    Land - 5.73 Acres, Highway 83 Frontage
    Where is this land located?
    The property is located at 000 Us Highway 83 Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price.; 5.73-acre residential land parcel.; Located in Rio Grande City, TX, on US Highway 83 near Tractor Supply.
    Request Owner's contact information
    000 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
    000 Us Highway 83 Rio Grande City, TX 78582
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