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    115 Britton Ave Rio Grande City, TX 78582

    For Sale
    $365,000

    Prime location, two buildings, vacant, 1820 sq ft.

    Property size:
    1,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional investment opportunity in Rio Grande City, Texas, presents two separate buildings totaling 1,820 square feet on a 9,662 square foot lot. The first, a single-story 1,820 square foot structure situated at the corner of Britton Avenue and 2nd Street, is ideally suited for medical or legal offices. The second building, facing Britton Avenue, is a two-story structure. The main floor offers 1,092 square feet of retail space, while the upper floor provides an additional 840 square feet of office space. Built in 1970, this property boasts a highly desirable location, within walking distance of the Starr County Courthouse, local banks, and other professional offices along Britton Avenue. Currently vacant, this property presents a unique chance to establish a thriving business or generate strong rental income. The asking price is $365,000. The property's versatility and prime location make it an attractive investment for a variety of uses. This is a rare opportunity to acquire a well-positioned commercial property in a growing Texas market.

    Property Features for 115 Britton Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,820 SF

    Building Details

    Year Built
    1970

    HighLights

    • 1,820 SF total building area on a 9,662 SF lot in Rio Grande City, TX.
    • Two buildings: a 1,820 SF single‑story building ideal for medical or legal offices and a two‑story building with 1,092 SF of retail space and 840 SF of office space.
    • Prime location near the Starr County Courthouse and other professional offices on Britton Avenue.
    • Currently vacant, offering strong rental income or business establishment potential.
    • Asking price: $365,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -98.8201579
    Latitude
    26.3795422

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    FAQs

    What type of property is this?
    Individual retail property - Prime location, two buildings, vacant, 1820 sq ft.
    Where is this individual retail property located?
    The property is located at 115 Britton Ave Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: 1,820 SF total building area on a 9,662 SF lot in Rio Grande City, TX.; Two buildings: a 1,820 SF single-story building ideal for medical or legal offices and a two-story building with 1,092 SF of retail space and 840 SF of office space.; Prime location near the Starr County Courthouse and other professional offices on Britton Avenue.
    Request Owner's contact information
    115 Britton Ave 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
    115 Britton Ave Rio Grande City, TX 78582
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