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    32621 Fm 2925 Arroyo Gardens-La Tina Ranch, TX 78583

    For Sale
    $195,000

    Prime Texas Restaurant Land, $195,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial property, located at 32621 Fm 2925 in Rio Hondo, Texas, presents a unique investment opportunity. The property, situated in Arroyo Gardens-La Tina Ranch, boasts a substantial 28,009.08 square foot lot. Built in 1948, the existing structure is a restaurant, currently requiring renovation. The property's prime location near a renowned fishing spot offers significant potential for a restaurateur targeting outdoor enthusiasts. Imagine capitalizing on the steady stream of anglers seeking pre- or post-fishing meals. The rustic charm of the existing building provides a unique foundation for a revitalized establishment. This is a chance to create a thriving business in a desirable location. The property's zip code is 78583, and its coordinates are 26.2716724 latitude and -97.4814163 longitude. The asking price for this land and existing restaurant building is $195,000. This represents a compelling opportunity to acquire a well-positioned commercial property in Cameron County, Texas, with significant upside potential. The property is classified as both Commercial and Restaurant. This is a rare chance to own a piece of Texas's vibrant culinary scene.

    Property Features for 32621 Fm 2925

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1948

    HighLights

    • $195,000 asking price.
    • Land and retail property, 28,009.08 sq ft lot.
    • Restaurant property built in 1948.
    • Located at 32621 Fm 2925, Rio Hondo, TX 78583.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arroyo Gardens-La Tina Ranch
    County
    Cameron
    State
    Texas
    Longitude
    -97.4814163
    Latitude
    26.2716724

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Restaurant - Prime Texas Restaurant Land, $195,000
    Where is this restaurant located?
    The property is located at 32621 Fm 2925 Arroyo Gardens-La Tina Ranch, TX.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: $195,000 asking price.; Land and retail property, 28,009.08 sq ft lot.; Restaurant property built in 1948.
    Request Owner's contact information
    32621 Fm 2925 Arroyo Gardens-La Tina Ranch, TX 78583
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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
    32621 Fm 2925 Arroyo Gardens-La Tina Ranch, TX 78583
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