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Property profile & analytics
OFF-MARKET
Land

1301 Other Los Los Villareales, TX 78582

Built 1938
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire a 4,830.80 square foot commercial lot located at 1301 Other, Rio Grande City, Texas, 78582. This property, situated on the corner of N. Lopez St and E. Martin St, boasts prime corner visibility, ideal for a variety of commercial ventures. Built in 1938, the land is currently vacant and requires significant renovation. The property's location in the vibrant Rio Grande City offers high foot traffic potential. While currently zoned residential, the property presents the possibility of re-zoning for commercial use, subject to approval from the city and/or governing authorities. Entrepreneurial visions such as a restaurant, daycare, or taqueria could thrive in this high-potential location. Interested parties should be aware that the property has been vacant for an extended period and requires caution during inspection. A virtual tour is available online. The asking price is $69,000.

Property profile
Verified
Property type Land
Year built 1938
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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