00 Us Highway 83, Rio Grande City, TX 78582
This exceptional 8.35-acre property presents a remarkable investment opportunity in Starr County, Texas. Strategically located on US Highway 83 between La Grulla and Rio Grande City, this land boasts significant frontage—approximately 208 feet wide by 1,720 feet deep—offering unparalleled visibility and accessibility. The property is zoned for both farm and residential use, opening doors to a variety of development possibilities. Imagine the potential for a lucrative subdivision project, capitalizing on the high traffic count of this major thoroughfare, or envision a thriving commercial venture taking advantage of its prime location. The asking price is $550,000, representing a compelling value for this sizable parcel in a rapidly growing area. The property's address is 00 E US Highway 83, La Grulla, TX 78582, with GPS coordinates of 26.3451873 latitude and -98.7500861 longitude. This versatile land offers a unique blend of residential and commercial potential, making it an ideal investment for discerning buyers seeking high-return opportunities in a desirable Texas location. The property's size and location make it an attractive prospect for developers and investors alike. Don't miss this chance to acquire a significant piece of land in a thriving area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.