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    216 Fm 3167 Rio Grande City, TX 78582

    For Lease
    $1.45 SF/Yr

    Modern plaza, 12 units, ample parking.

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    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 Features for 216 Fm 3167

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF

    Unit(s) available at that property

    Space
    Size
    12,000 SF
    Rate per SF
    $1.45

    HighLights

    • Prime Rio Grande City, TX location at 216 N FM 3167 Road (APN 043070000000100000000).
    • Brand‑new, 12‑unit commercial plaza on a 2.03‑acre lot, totaling 12,000 square feet.
    • Each 1,000 sq ft unit leases for $1,450/month.
    • Ample parking with 101 spaces.
    • High‑traffic location with over 10,000 vehicles passing daily, near Renaissance Hospital, Veterans Middle School, Starr County Memorial Hospital, and UTRGV/STC campuses.
    • Projected completion March 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel 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
    -98.8535249
    Latitude
    26.3946859

    Nearby Comparable

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    FAQs

    What type of property is this?
    Specialty property - Modern plaza, 12 units, ample parking.
    Where is this specialty property located?
    The property is located at 216 Fm 3167 Rio Grande City, TX.
    What is the lease rate?
    The lease rate is $1.45 SF/Yr.
    What are key features of this property?
    This property features: Prime Rio Grande City, TX location at 216 N FM 3167 Road (APN 043070000000100000000).; Brand-new, 12-unit commercial plaza on a 2.03-acre lot, totaling 12,000 square feet.; Each 1,000 sq ft unit leases for $1,450/month.
    Request Owner's contact information
    216 Fm 3167 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
    216 Fm 3167 Rio Grande City, TX 78582
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