You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

216 Fm 3167 Rio Grande City, TX 78582

OFF-MARKET Specialty properties Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial property, located at 216 N FM 3167 Road in Rio Grande City, Texas, 78582, offers a prime investment opportunity. The 2.03-acre lot houses a brand-new, modern plaza boasting 12 individual units, each measuring 1,000 square feet. With a total of 101 parking spaces, ample parking is ensured for tenants and customers. Construction is projected for completion by March 2024. The plaza enjoys a high-traffic location, with over 10,000 vehicles passing daily. Its strategic proximity to key community assets further enhances its appeal. The upcoming Renaissance Hospital will be located just blocks away, while Veterans Middle School, Starr County Memorial Hospital, UTRGV Am University campus, and STC campus are all within a quarter to half a mile radius. The versatile units are suitable for a wide range of businesses, including office space, restaurants, retail establishments, and medical or dental practices. Each unit is available for lease at $1,450.00 per month. The property's APN is 043070000000100000000. This is a rare opportunity to secure a place in a thriving Rio Grande City commercial landscape. Don't miss out on this exceptional investment.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 216 Fm 3167?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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