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    5326 Us Highway 83 Rio Grande City, TX 78582

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    For Lease
    Contact for pricing

    Prime Medical Office Land, 3,150 SF

    Lot size:
    3,150 SF

    Property Features for 5326 Us Highway 83

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,150 SF

    Spaces For Lease

    at 5326 Us Highway 83, Rio Grande City, TX 78582 Contact us
    Unit A-1

    $15 /Mo

    Size
    3,150 SF
    Contact us

    We can help!

    Listing Contact
    Laura Liza Paz
    Laura Liza Paz

    Listing Agency: NAI Rio Grande Valley Listing Agent: Laura Liza Paz

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 2.193-acre commercial land parcel in Rio Grande City, Texas, presents a unique investment opportunity. Located at 5326 E US Highway 83 #1 (APN: 920009879058390002014), this single-tenant property features a 3,150 square foot medical office building situated within a medical plaza. The property boasts ample parking with 135 spaces, ensuring convenient access for patients and staff. Its strategic location offers excellent visibility and accessibility, being in close proximity to key businesses and amenities. These include the Payne Dealership, Rio Grande City's municipal offices, a Holiday Inn Express hotel, an Exxon Mobil gas station, a Family Dollar store, and a Tejano Mart. The property's classification as Land and Office signifies its versatility and potential for various commercial uses. The property is zoned for commercial use and is ready for immediate occupancy. This is an ideal opportunity for investors seeking a high-traffic location with established businesses nearby, providing a strong foundation for long-term growth and profitability. The property's size and location make it an attractive option for expansion or redevelopment. The ample parking further enhances its appeal to potential tenants and visitors. This property offers a rare combination of prime location, substantial size, and existing infrastructure, making it a compelling investment opportunity in a thriving Texas community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

    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
    -98.7731084
    Latitude
    26.3539624

    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 Highway 83, Rio Grande City, TX 78582
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      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
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      7,915 SF

      Rio Grande City Retail Space

      Retail space available for lease in Rio Grande City, TX.
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      9,100 SF

      Rio Grande City Retail Center

      80,000 SF power center with multiple building options.
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      4,581 SF

      Rio Grande City Retail Spaces

      Prime Retail/Office, High-Traffic Location
      4343 Us Highway 83, Rio Grande City, TX 78582
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    • $1.45 SF/Yr
      12,000 SF

      Rio Grande City Commercial Plaza

      Modern plaza, 12 units, ample parking.
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      1,000 SF

      Rio Grande City Commercial Space

      High-traffic, 1,000 sq ft, Drive-Thru
      5422 Us Hwy 83 Hwy, Rio Grande City, TX 78582
      View Details

    FAQs

    What type of property is this?
    Office property - Prime Medical Office Land, 3,150 SF
    Where is this office property located?
    The property is located at 5326 Us Highway 83 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: 2.19-acre commercial land parcel in Rio Grande City, TX, with a 3,150 sq ft medical office building.; APN: 920009879058390002014, located at 5326 E US Highway 83 #1.; 135 parking spaces.
    (956) 994-8900 Call to check price and availability
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    5326 Us Highway 83 Rio Grande City, TX 78582
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    Rio Grande City, TX 78582
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    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
    5326 Us Highway 83 Rio Grande City, TX 78582
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Laura Liza Paz
    Laura Liza Paz
    (956) 994-8900 (956) 731-4402 (956) 227-8000
    Learn more
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