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Property profile

0 Main St Rio Grande City, TX 78582

OFF-MARKET
Commercial real estate
0.9 ac lot
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Property summary

AI-generated overview

This exceptional 0.9-acre commercial land parcel presents a unique investment opportunity in the thriving city of Rio Grande City, Texas. Strategically located on W Main Street, this property enjoys unparalleled visibility and accessibility, situated between two major thoroughfares that serve as the city's downtown arteries. The combined east and westbound traffic volume on these streets totals an impressive 32,335 vehicles per day, ensuring high exposure for any commercial venture. This prime location offers significant potential for a variety of commercial uses, capitalizing on the substantial daily traffic flow. The property's 0.9-acre size provides ample space for development, allowing for flexibility in design and construction. This is a rare opportunity to acquire a highly visible and well-positioned commercial lot in a dynamic Texas market. The asking price is $627,000. Don't miss this chance to secure a piece of Rio Grande City's vibrant commercial landscape. The property is located in Starr County, Texas, with a zip code of 78582.

Property profile

Verified
Property type Commercial real estate
Lot 0.9 ac (39,204 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Rio Grande City, TX 78582
Rio Grande City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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