Property profile

388 Fm 3167 Rio Grande City, TX 78582

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 17,424 sq ft commercial land parcel presents a unique investment opportunity in Northwest Rio Grande City, Texas. Situated at the highly visible southeast corner of FM 3167 and Eisenhower Road, this property boasts a strategic location with significant daily traffic counts of 12,456 vehicles. The C1 zoning allows for a variety of commercial uses. The property features a single-tenant building of 2,550 square feet, an end-cap position with a drive-thru, and ample parking accommodating 74 vehicles. Its prominent location at a lighted intersection ensures maximum visibility and accessibility. The area enjoys strong demographics, with close proximity to key community institutions including South Texas College, Starr County Memorial Hospital, UTRGV Rio Grande City, and Rio Grande City High School. This makes it an ideal location for businesses seeking high visibility and convenient access to a substantial customer base. The property's APN is 043000000000100000000. This is a rare opportunity to acquire a well-positioned commercial property in a growing area of the Rio Grande Valley, just 42 miles west of McAllen. The existing building provides immediate income potential, while the substantial lot size offers significant expansion possibilities.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

388 Fm 3167 Rio Grande City, TX 78582
Rio Grande City metro
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Value estimations

Realmo proprietary · 4 methods
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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
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