652 Us Highway 83 Rio Grande City, TX 78582
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.
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.