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    Flores St Rio Grande City, TX 78582

    For Sale
    $179,000

    1.8-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.8-acre commercial land parcel presents a unique investment opportunity in Rio Grande City, Texas. Located at 0 N Flores Street, this triangular-shaped lot boasts significant frontage (approximately 600 feet) on the busy Flores Street/FM 755, offering unparalleled visibility and accessibility. With depths of approximately 340 feet and 461 feet on the back side, the property provides ample space for diverse development possibilities. Its strategic corner location, across from the new County Commissioner's Building (formerly the Medina Electric Building), ensures high traffic volume and prominent exposure. The property's versatility allows for a range of uses, including single-family residential, multi-family housing, or various commercial ventures, capitalizing on its prime location on a major thoroughfare. All utilities are readily available, simplifying development plans. Furthermore, the property's proximity to shopping centers, schools, and the Starr County Memorial Hospital (within a 10-15 minute radius) adds to its appeal and potential for attracting residents and businesses. The asking price for this exceptional property is $179,000. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area with excellent potential for significant return on investment. The zip code is 78582, and the property is situated in Starr County.

    Property Features for 0 Flores St

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • 1.8‑acre commercial land parcel in Rio Grande City, TX, priced at $179,000.
    • Located at 0 N Flores Street (FM 755), offering approximately 600 feet of frontage.
    • Triangular lot with depths of approximately 340 and 461 feet, providing ample space for development.
    • Prime corner location across from the Starr County Commissioner's Building, ensuring high visibility and traffic.
    • Zoned for various uses including residential and commercial development; utilities readily available.
    • Conveniently located near shopping, schools, and Starr County Memorial Hospital (within 10‑15 minutes).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Grande City
    County
    Starr
    State
    Texas
    Longitude
    -98.8116469
    Latitude
    26.3853518

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    FAQs

    What type of property is this?
    Land - 1.8-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Flores St Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: 1.8-acre commercial land parcel in Rio Grande City, TX, priced at $179,000.; Located at 0 N Flores Street (FM 755), offering approximately 600 feet of frontage.; Triangular lot with depths of approximately 340 and 461 feet, providing ample space for development.
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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
    Flores St Rio Grande City, TX 78582
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