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Property profile & analytics
OFF-MARKET
Land

770 Alvarez Rd Rio Grande City, TX 78582

132 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 132-acre property located at 770 N Alvarez Road, Rio Grande City, Texas, 78582 presents a remarkable investment opportunity. Situated in Starr County, this expansive land parcel offers unparalleled versatility for diverse development projects. Its zoning allows for both commercial and residential uses, opening doors to a wide range of possibilities, from large-scale residential communities to commercial ventures. The substantial acreage provides ample space for creative planning and execution, catering to the increasing demand for real estate in this rapidly growing region. The property's strategic location within a flourishing area makes it particularly attractive to investors and developers seeking to capitalize on the area's significant growth potential. This is a rare chance to acquire a significant land holding in a dynamic Texas market. The asking price is $1,782,000. The property's latitude and longitude coordinates are 26.4295844, -98.887864 respectively. This substantial land parcel offers a unique chance to shape the future of this thriving community. Consider the possibilities of a mixed-use development, combining residential and commercial elements to create a vibrant and self-sustaining community. The sheer size of the property allows for extensive planning and the incorporation of various amenities, making it an ideal location for a long-term investment. Don't miss this opportunity to secure a piece of Texas's burgeoning real estate market.

Property profile
Verified
Property type Land
Lot 132 ac (5,749,920 SF)
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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