5991 Us Hwy 83 Hwy Rio Grande City, TX 78582
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.