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Property profile & analytics
OFF-MARKET
Land

5991 Us Hwy 83 Hwy Rio Grande City, TX 78582

1.02 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional 1.02-acre commercial land parcel, located at 5991 E US Highway 83 Highway in Rio Grande City, Texas, presents a compelling investment opportunity. The property, situated in Starr County, zip code 78582, offers high visibility and convenient access due to its prime highway frontage. Built in 1985, the land features a classic white stucco building with a versatile layout suitable for a variety of commercial uses, including retail, office, or service-oriented businesses. The property boasts significant parking amenities, including 20 front parking spaces and 7 covered rear parking spaces, all supported by concrete construction. A concrete security wall enhances the property's security. The building also includes a spacious 20.5 x 58 ft open garage area and three restrooms for added convenience. The asking price for this exceptional property is $300,000. This location offers significant potential for growth and profitability, making it an attractive investment in a thriving Texas market. The property's excellent curb appeal and functional design make it a standout choice for discerning business owners.

Property profile
Verified
Property type Land
Year built 1985
Lot 1.02 ac (44,431 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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