0 Us Hwy 83 Hwy Rio Grande City, TX 78582
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.
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.