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Property profile & analytics
OFF-MARKET
Land

0 Us Hwy 83 Hwy Rio Grande City, TX 78582

1.99 ac lot Built 2002
Property ID
Property summary
AI-generated overview

This exceptional 1.99-acre commercial land parcel presents a remarkable investment opportunity in Rio Grande City, Texas. Located directly on the busy US Highway 83, this property boasts unparalleled visibility and accessibility, making it ideal for a diverse range of commercial ventures. Built in 2002, the site already includes a substantial existing structure featuring a carport with capacity for up to five vehicles and 688 square feet of office space. This existing office space offers immediate usability and potential for expansion, catering to businesses requiring both office and storage or display areas. The expansive lot size allows for significant future development, accommodating larger-scale projects or expansion of the existing facilities. The property's strategic location on Highway 83 ensures high traffic volume and prominent exposure, maximizing its commercial potential. The asking price of $250,000 represents a compelling value for this strategically located and well-equipped commercial property in the thriving Rio Grande City market. The property's zip code is 78582, and it is situated in Starr County. This is a rare opportunity to acquire a ready-to-use commercial property with significant growth potential in a high-traffic area.

Property profile
Verified
Property type Land
Year built 2002
Lot 1.99 ac (86,684 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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