0 Central Palm Dr Rio Grande City, TX 78582
This exceptional 1.25-acre commercial lot is ideally situated in Rio Grande City, Texas, at the corner of Central Palm Drive, zip code 78582. Its strategic location offers unparalleled potential for investors and developers. The property boasts a prime position near the burgeoning DHR Health state-of-the-art medical development and Starr County Memorial Hospital, capitalizing on the significant growth in the medical and related sectors. This area is experiencing substantial expansion, creating a high demand for commercial properties. The lot's size and corner location provide ample space for a variety of commercial ventures, including restaurants, retail establishments, and fast-food chains. This presents a unique opportunity to establish a business in a rapidly developing area with a strong potential for high returns. The property is zoned for commercial use and is ready for immediate development. Don't miss this chance to secure a prominent location in this thriving Texas community. The asking price for this exceptional property is $245,000. Act quickly, as opportunities like this are rare.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.