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Property profile & analytics
OFF-MARKET
Land

652 Us Highway 83 Rio Grande City, TX 78582

Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in the heart of Rio Grande City, Texas. Encompassing two city lots totaling 13,000 square feet, this property boasts a highly desirable Main Street address, ensuring excellent visibility and accessibility. The lots provide a strong foundation for a variety of commercial ventures, benefiting from convenient city street access. This corner lot location further enhances its appeal and potential. For those seeking expansion, the strategic positioning of this property allows for the acquisition of additional land. Four adjacent lots to the west and two lots to the north on 2nd Street are available for purchase, providing significant potential for growth and development. This presents a rare chance to secure a substantial footprint in a thriving Texas community. The asking price of $209,000 makes this an attractive proposition for investors seeking a prime commercial location with expansion possibilities. Don't miss this opportunity to establish a presence in this dynamic area. Act quickly to secure this exceptional property.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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