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    200 Corpus St Rio Grande City, TX 78582

    For Sale
    $365,000

    Prime Commercial Land, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land parcel, located at 200 N Corpus Street N in Rio Grande City, Texas, presents a unique investment opportunity. The property boasts a prominent 115-foot frontage on a major east-west thoroughfare (2nd Street/Business 83), experiencing approximately 15,000 vehicles daily. The lot extends 171 feet deep along North Corpus Street, offering a substantial 19,700.01 square foot area. Situated on the northwest corner of 2nd and Corpus Streets, this location benefits from high visibility and accessibility. The property includes a 2,733 square foot brick veneer building constructed in 1904, featuring 90% hardwood floors. While the building is currently vacant, its solid construction and prime location offer significant potential for adaptive reuse. Furthermore, the property includes 2.5 vacant lots, providing ample space for additional parking or expansion to accommodate a variety of commercial uses. Its proximity to the Catholic Church and the Starr County Courthouse further enhances its desirability. The diverse commercial possibilities include office space, retail establishments, and restaurants, making this a highly attractive investment in a thriving Texas community. The asking price is $365,000. The zip code is 78582.

    Property Features for 200 Corpus St

    General Information

    Property type
    Land

    Building Details

    Year Built
    1904

    HighLights

    • 19,700 SF lot with 115' frontage on Business 83 (approx. 15,000 VPD).
    • Prime NW corner location at 2nd & Corpus Streets in Rio Grande City, TX (78582).
    • Includes a 2,733 SF, 1904 brick building with 90% hardwood floors; currently vacant.
    • 2.5 additional vacant lots available.
    • Asking price: $365,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Grande City
    County
    Starr
    State
    Texas
    Longitude
    -98.8193772
    Latitude
    26.3796527

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic
    Where is this land located?
    The property is located at 200 Corpus St Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: 19,700 SF lot with 115' frontage on Business 83 (approx. 15,000 VPD).; Prime NW corner location at 2nd & Corpus Streets in Rio Grande City, TX (78582).; Includes a 2,733 SF, 1904 brick building with 90% hardwood floors; currently vacant.
    Request Owner's contact information
    200 Corpus 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
    200 Corpus St Rio Grande City, TX 78582
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