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    83 & Pete Diaz Ave Rio Grande City, TX 78582

    For Lease
    Contact for pricing

    Prime Retail Space, Hwy 83, Starr County, TX

    Lot size:
    176,693 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Starr Plaza, located at the intersection of US Hwy 83 and Pete Diaz Ave in Rio Grande City, Texas, presents a unique opportunity for retail businesses. This thriving, grocery-anchored shopping center boasts a total of 176,693 square feet and offers multiple tenancy options. Currently, there are three suites available, with vacant space totaling 43,903 square feet. Flexible space options range from a minimum of 1,650 square feet to a maximum contiguous space of 42,253 square feet, catering to a variety of business needs. The center is strategically positioned for high visibility and accessibility, benefiting from its location on US Hwy 83 and its proximity to the International Bridge to Mexico. Strong anchors, including HEB and Marshalls, draw significant foot traffic to the plaza. Ample parking is available with 935 spaces to accommodate customers and employees. This property is situated in Starr County, Texas, zip code 78582, and presents an exceptional investment opportunity in a growing market. An outparcel pad opportunity is also available. This is a prime location for businesses seeking high visibility and access to a substantial customer base in a dynamic border region.

    Property Features for 83 & Pete Diaz Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    176,693 SF

    Unit(s) available at that property

    Space
    Suite 13
    Size
    1,650 SF
    Space
    Suite K1
    Size
    42,253 SF

    HighLights

    • 176,693 SF grocery‑anchored shopping center in Rio Grande City, TX.
    • 935 parking spaces (5.2/1,000 SF).
    • Three suites available totaling 43,903 SF; space options from 1,650 SF to 42,253 SF contiguous.
    • High‑visibility location at US Hwy 83 & Pete Diaz Ave, near the International Bridge to Mexico; anchored by HEB and Marshalls.
    • Outparcel pad available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Rio Grande City
    County
    Starr
    State
    Texas
    Longitude
    -98.79995
    Latitude
    26.370518

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, Hwy 83, Starr County, TX
    Where is this restaurant located?
    The property is located at 83 & Pete Diaz Ave Rio Grande City, TX.
    What are key features of this property?
    This property features: 176,693 SF grocery-anchored shopping center in Rio Grande City, TX.; 935 parking spaces (5.2/1,000 SF).; Three suites available totaling 43,903 SF; space options from 1,650 SF to 42,253 SF contiguous.
    Request Owner's contact information
    83 & Pete Diaz 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
    83 & Pete Diaz Ave Rio Grande City, TX 78582
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