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    3321 Us Highway 83 Rio Grande City, TX 78582

    For Sale
    $525,000

    10.93 Acres, High Visibility, Hwy 83

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 10.93-acre commercial land parcel presents a compelling investment opportunity in Rio Grande City, Texas. Strategically located on the west side of town at 3321 W US Hwy 83, this property boasts approximately 222 feet of highway frontage, ensuring significant visibility to the high traffic volume of 23,020 vehicles per day (VPD) as of 2023. The property's prime location offers considerable potential for various commercial ventures. Given the substantial growth experienced on the west side of Rio Grande City, the site is well-suited for a range of developments, including, but not limited to, storage facilities. The existing house on the property is being sold "as is." The expansive acreage also presents the possibility of residential development, subject to applicable zoning regulations and approvals. This property's combination of size, location, and visibility makes it an attractive proposition for investors seeking a strong foothold in a growing Texas market. The asking price for this remarkable opportunity is $525,000. The property is situated in Starr County, Texas, with a zip code of 78582. Coordinates are 26.3768751 latitude and -98.8846343 longitude.

    Property Features for 3321 Us Highway 83

    General Information

    Property type
    Land
    Lot Size
    476,111 SF

    HighLights

    • $525,000 asking price.
    • 10.93 acres of commercial land.
    • Located in Rio Grande City, TX, at 3321 W US Hwy 83.
    • High visibility with approximately 222 feet of highway frontage and 23,020 VPD traffic count (2023).
    • Suitable for various commercial uses, including potential residential development or storage facilities.
    • Property is sold as‑is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Auto Parts 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
    -98.8846343
    Latitude
    26.3768751

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    FAQs

    What type of property is this?
    Land - 10.93 Acres, High Visibility, Hwy 83
    Where is this land located?
    The property is located at 3321 Us Highway 83 Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: $525,000 asking price.; 10.93 acres of commercial land.; Located in Rio Grande City, TX, at 3321 W US Hwy 83.
    (956) 378-7355
    Request Owner's contact information
    3321 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
    3321 Us Highway 83 Rio Grande City, TX 78582
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