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    606 2Nd St Rio Grande City, TX 78582

    For Sale
    $209,000

    Prime 13,000 sq ft commercial lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land offering presents a rare opportunity in the thriving Rio Grande City, Texas market. Located at 606 W 2nd St, this property encompasses two contiguous city lots, totaling 13,000 square feet, providing ample space for a variety of commercial ventures. The property boasts a highly desirable corner lot location, ensuring excellent visibility and accessibility from a city street. This prime location places your business in the heart of Rio Grande City, offering significant advantages for attracting customers and establishing a strong presence. The strategic positioning on 2nd Street provides convenient access to local amenities and key transportation routes. For businesses requiring even greater expansion potential, an additional four city lots are available for purchase on Main Street, directly south of this property, offering a seamless opportunity for significant growth. This unique combination of size, location, and expansion potential makes this an unparalleled investment opportunity. Don't miss this chance to secure a prominent location in a dynamic and growing Texas city. The asking price for this exceptional property is $209,000. Act quickly to capitalize on this remarkable opportunity.

    Property Features for 606 2Nd St

    General Information

    Property type
    Land

    HighLights

    • Corner lot in Rio Grande City, TX.
    • Excellent city street access on W 2nd St.
    • 13,000 sq ft with potential for expansion via four adjacent lots on Main Street available for purchase.
    Property Profile Insight Report 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 Auto Repair Shop

    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
    -98.825120345996
    Latitude
    26.381381563291

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    FAQs

    What type of property is this?
    Land - Prime 13,000 sq ft commercial lots.
    Where is this land located?
    The property is located at 606 2Nd St Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $209,000.
    What are key features of this property?
    This property features: Corner lot in Rio Grande City, TX.; Excellent city street access on W 2nd St.; 13,000 sq ft with potential for expansion via four adjacent lots on Main Street available for purchase.
    (956) 378-7355
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    606 2Nd 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
    606 2Nd St Rio Grande City, TX 78582
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