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    00 Us Highway 83 Rio Grande City, TX 78582

    Sponsored
    For Sale
    $550,000

    8.35 Acres, High-Traffic Location, $550,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.35-acre property presents a remarkable investment opportunity in Starr County, Texas. Strategically located on US Highway 83 between La Grulla and Rio Grande City, this land boasts significant frontage—approximately 208 feet wide by 1,720 feet deep—offering unparalleled visibility and accessibility. The property is zoned for both farm and residential use, opening doors to a variety of development possibilities. Imagine the potential for a lucrative subdivision project, capitalizing on the high traffic count of this major thoroughfare, or envision a thriving commercial venture taking advantage of its prime location. The asking price is $550,000, representing a compelling value for this sizable parcel in a rapidly growing area. The property's address is 00 E US Highway 83, La Grulla, TX 78582, with GPS coordinates of 26.3451873 latitude and -98.7500861 longitude. This versatile land offers a unique blend of residential and commercial potential, making it an ideal investment for discerning buyers seeking high-return opportunities in a desirable Texas location. The property's size and location make it an attractive prospect for developers and investors alike. Don't miss this chance to acquire a significant piece of land in a thriving area.

    Property Features for 00 Us Highway 83

    General Information

    Property type
    Farms
    Lot Size
    363,726 SF

    HighLights

    • 8.35‑acre commercial/residential lot in Starr County, Texas.
    • High‑traffic location on US Highway 83 between La Grulla and Rio Grande City.
    • 208' frontage on US Hwy 83.
    • Zoned for farm and residential use.
    • Asking price: $550,000.
    • Address: 00 E US Highway 83, La Grulla, TX 78582 (26.3451873, -98.7500861).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -98.7500861
    Latitude
    26.3451873

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    FAQs

    What type of property is this?
    Farm - 8.35 Acres, High-Traffic Location, $550,000
    Where is this farm located?
    The property is located at 00 Us Highway 83 Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 8.35-acre commercial/residential lot in Starr County, Texas.; High-traffic location on US Highway 83 between La Grulla and Rio Grande City.; 208' frontage on US Hwy 83.
    Request Owner's contact information
    00 Us Highway 83 Rio Grande City, TX 78582
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    Rio Grande City, TX 78582
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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
    00 Us Highway 83 Rio Grande City, TX 78582
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