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    508 Garcia St Rio Grande City, TX 78582

    For Sale
    $339,000

    Three-unit commercial property, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional commercial property located at 508 Garcia Street in Roma, Texas, presents a unique investment opportunity. Built in 2006, this 7,200.468 square foot lot offers three distinct units suitable for a variety of commercial uses, including executive office space and restaurant operations. The property's versatile nature allows for diverse income streams, making it an attractive option for both seasoned investors and ambitious entrepreneurs. Its strategic location in Roma, Texas, within Starr County, and its zip code 78582, ensures high visibility and significant daily traffic, maximizing potential for business success. The property is classified as Land, Office, and Retail, offering flexibility in tenant selection and lease agreements. The asking price for this promising investment is $339,000. This is a chance to acquire a well-situated, multi-unit commercial property with significant growth potential in a thriving Texas market. The property's size and adaptability make it ideal for a range of business ventures, offering a strong return on investment. Don't miss this opportunity to own a piece of Roma's commercial landscape.

    Property Features for 508 Garcia St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2006

    HighLights

    • 7,200.468 SF lot in Roma, TX.
    • Three separate commercial units ideal for office or restaurant use.
    • Located at 508 Garcia Street, Roma, TX 78582, offering high visibility and traffic.
    • Land, Office, and Retail zoning allows for flexible tenant mix.
    • Asking price: $339,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -98.8245045
    Latitude
    26.3865258

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    FAQs

    What type of property is this?
    Restaurant - Three-unit commercial property, high traffic.
    Where is this restaurant located?
    The property is located at 508 Garcia St Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: 7,200.468 SF lot in Roma, TX.; Three separate commercial units ideal for office or restaurant use.; Located at 508 Garcia Street, Roma, TX 78582, offering high visibility and traffic.
    Request Owner's contact information
    508 Garcia St 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
    508 Garcia St Rio Grande City, TX 78582
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