00 Fm 755 Rio Grande City, TX 78582
This exceptional 34-acre tract of land presents a remarkable investment opportunity in Rio Grande City, Texas. Ideally situated just half a mile from Rio Grande City's newest development and one mile north of US Highway 83, this property boasts significant frontage on the newest section of FM 755. FM 755 is a major thoroughfare, accommodating large vehicles, making it highly attractive for commercial ventures. The property's proximity to the US/Mexico port of entry (within 2-3 miles) further enhances its strategic location for businesses seeking cross-border operations. The land is zoned for commercial and residential development, offering flexibility for a variety of projects, including multifamily dwellings. The seller is open to selling the property in tracts of 5 acres or more, providing options for various investment scales. The asking price for the entire 34-acre parcel is $5,928,000, and owner financing may be available. This property is situated in Starr County, Texas, with the address listed as 00 N FM 755 Road, Rio Grande City, TX 78582. Its location offers excellent visibility and accessibility, making it an ideal site for a wide range of commercial and residential developments. Don't miss this chance to acquire a substantial piece of land in a rapidly growing 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
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.