Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Space For Rent Title is generated by Realmo AI

    5326 E US Highway 83 # 1 #A-1, Rio Grande City, TX 78582

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    3,150 SF medical office space in Rio Grande City.

    Type:Office
    Property size:
    3,150 SF
    Added:
    Jul 27, 2024
    Days on Market:
    682
    Last Refresh:
    May 12 at 10:58 pm

    Property Features for 5326 E US Highway 83 # 1 #A-1

    General Information

    Standard status
    Active
    Size
    3,150 SF
    Property subtype
    Office

    Spaces For Lease

    at 5326 E US Highway 83 # 1 #A-1 Contact us

    A-1 $1.28/Mo

    Size
    3,150 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Laura Liza Paz, SIOR

    Listing agent Laura Liza Paz, SIOR License #437175

    Listing office NAI Rio Grande Valley McAllen

    Listing date Jul 27, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Rio Grande Valley McAllen

    HighLights

    • 3,150 SF Medical Office available
    • Located in a Medical Plaza
    • Proximity to City Offices of Rio Grande City
    • Near Payne Dealership
    • Close to Holiday Inn Express
    • Conveniently located near Exxon Mobil, Family Dollar Store & Tejano Mart

    Overview

    This 3,150 square foot medical office is available for rent. It is located within a medical plaza in Rio Grande City, Texas. The property is situated in proximity to the Payne Dealership, City Offices of Rio Grande City, Holiday Inn Express, Exxon Mobil, Family Dollar Store, and Tejano Mart.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Map

    City
    Rio Grande City
    County
    Starr
    State
    Texas
    Longitude
    -98.695
    Latitude
    26.5735

    Nearby Similar for Lease

    • $1.00 SF/Yr
      3,150 SF

      Medical Office Space Available

      Former Ear, Nose, and Throat Medical Office space for rent.
      5326 E US HWY 83 STE A-1, Rio Grande City, TX 78582
      View Details
    • Contact for pricing
      2,482 SF

      Restaurant Space with Drive-Thru

      Former QSR with drive-thru available for ground lease.
      4515 E. Hwy 83, Rio Grande City , TX, 78582
      View Details
    • Contact for pricing
      7,915 SF

      Rio Grande City Retail Space

      Retail space available for lease in Rio Grande City, TX.
      4521 Rattler Dr, Rio Grande City, TX
      View Details
    • Contact for pricing
      9,100 SF

      Rio Grande City Retail Center

      80,000 SF power center with multiple building options.
      4513 Rattler Dr, Rio Grande City, TX
      View Details
    • Contact for pricing
      1,650 SF

      Retail Space in Starr Plaza

      Grocery-anchored retail space for lease in Rio Grande City.
      4023 US-83, Rio Grande City, TX
      View Details
    • $15 SF/Yr
      3,150 SF

      Medical Office Space For Lease

      3,150 SF medical office space in Rio Grande City.
      5322 E US Highway 83 Highway # 2, Rio Grande City, TX 78582
      View Details
    • Contact for pricing
      55,000 SF

      Rio Grande City Retail Space

      Retail spaces available in Rio Grande City, Texas.
      Rio Grande City, TX, Rio Grande City, TX 78582
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 3,150 SF medical office space in Rio Grande City.
    Where is this medical office space located?
    The property is located at 5326 E US Highway 83 # 1 #A-1 Rio Grande City, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 3,150 SF Medical Office available; Located in a Medical Plaza; Proximity to City Offices of Rio Grande City
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Laura Liza Paz, SIOR
    Real Estate License ID: 437175
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5326 E US Highway 83 # 1 #A-1, Rio Grande City, TX 78582
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!