Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1401 Main St Rio Grande City, TX 78582

    For Sale
    $229,000

    Prime location, high-traffic retail & office space.

    Property size:
    2,306 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional mixed-use property, located at 1401 W Main St, Rio Grande City, TX 78582, presents a compelling investment opportunity. The 2,306 square foot building, constructed in 2008, sits on a 6,316 square foot lot and boasts a desirable location off US Highway 83, ensuring high visibility and convenient access. The property features three units: one storefront unit ideal for retail or professional use, and two additional units in the rear perfectly suited for office space. Currently, the property enjoys 75% occupancy. The asking price is $229,000, translating to $99.31 per square foot. Each unit includes private restrooms and tile flooring. Nine parking spaces are available for tenants and customers. This property offers immediate lease space availability and significant potential for growth. The single-story building is situated in Starr County and provides excellent ingress and egress, making it an attractive option for a variety of businesses. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving area.

    Property Features for 1401 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,306 SF

    Building Details

    Year Built
    2008
    Stories
    1
    Units
    3

    HighLights

    • Nine (9) parking spaces.
    • Tile flooring throughout.
    • Private restrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -98.835329424269
    Latitude
    26.379179066401

    Nearby Similar for Sale

    • $338,000
      2,485 SF

      Modern Triplex Investment Property

      New modern triplex in Rio Grande City, premium investment.
      5321 Vision St, Rio Grande City, TX 78582
      View Details
    • $338,000
      2,485 SF

      Modern Triplex Investment Property

      New, modern triplex in Rio Grande City, premium investment.
      5302 Vision St, Rio Grande City, TX 78582
      View Details
    • $325,000
      2,028 SF

      Downtown Rio Grande City Commercial

      Prime commercial property in historic downtown Rio Grande City.
      107 N Flores St, Rio Grande City, TX 78582
      View Details
    • $289,500
      2,210 SF

      New Duplex in Rio Grande

      New duplex in Rio Grande City near shopping and schools.
      5316 Vision St, Rio Grande City, TX 78582
      View Details
    • $338,000
      2,485 SF

      Modern Triplex Investment Property

      New modern triplex in Rio Grande City, TX.
      5323 Vision St, Rio Grande City, TX 78582
      View Details
    • $495,000
      4,800 SF

      Fully Leased Quadruplex Investment Property

      Quadruplex near Hwy 83, city offices, shopping, and dining.
      1204 Cornerstone Loop, Rio Grande City, TX 78582
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime location, high-traffic retail & office space.
    Where is this individual retail property located?
    The property is located at 1401 Main St Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: Nine (9) parking spaces.; Tile flooring throughout.; Private restrooms.
    Request Owner's contact information
    1401 Main St Rio Grande City, TX 78582
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1401 Main St
    Rio Grande City, TX 78582
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1401 Main St Rio Grande City, TX 78582
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.