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    4941 Us Hwy 83 Hwy Rio Grande City, TX 78582

    For Sale
    $539,000

    1.24 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.241-acre commercial land parcel presents a unique investment opportunity in Rio Grande City, Texas. Strategically situated at the corner of East US Highway 83 and Bluebird Street, the property boasts over 200 feet of combined frontage, ensuring high visibility and accessibility. Its location within a rapidly expanding three-mile stretch of East Highway 83 places it amidst a thriving commercial corridor, anchored by established national retailers such as Walmart, H-E-B, Chick-fil-A, Starbucks, Stripes, Whataburger, Tractor Supply, and Chili's. The area also features prominent hotels including Quality Inn & Suites and Holiday Inn & Suites, with a new Home2 Suites by Hilton planned. Further enhancing its appeal, the property benefits from proximity to a new Civic Center under construction near the FM 755 Loop, providing direct access to the International Bridge. This prime location offers unparalleled potential for a wide range of commercial ventures, capitalizing on the significant growth and development within Starr County. The asking price for this exceptional property is $539,000. The property's address is 4941 E US Highway 83 Highway E, Rio Grande City, TX 78582.

    Property Features for 4941 Us Hwy 83 Hwy

    General Information

    Property type
    Land
    Lot Size
    54,058 SF

    HighLights

    • $539,000 asking price for 1.241 acres of commercial land.
    • Located in Rio Grande City, TX, at the corner of E US Highway 83 and Bluebird Street, offering over 200 feet of frontage.
    • Situated in Starr County's fastest‑growing commercial area, near major retailers including Walmart, H‑E‑B, and numerous restaurants and hotels.
    • Close proximity to the new FM 755 Loop and the International Bridge.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Grande City
    County
    Starr
    State
    Texas
    Longitude
    -98.7855795
    Latitude
    26.3611048

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    FAQs

    What type of property is this?
    Land - 1.24 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 4941 Us Hwy 83 Hwy Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $539,000.
    What are key features of this property?
    This property features: $539,000 asking price for 1.241 acres of commercial land.; Located in Rio Grande City, TX, at the corner of E US Highway 83 and Bluebird Street, offering over 200 feet of frontage.; Situated in Starr County's fastest-growing commercial area, near major retailers including Walmart, H-E-B, and numerous restaurants and hotels.
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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
    4941 Us Hwy 83 Hwy Rio Grande City, TX 78582
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