Current Use by Public Records
- Specialty properties
Property Details for 1116-1122 Us Hwy Business 83 Hwy
- Year built
- 1960
- Property type
- Specialty properties
Description
This exceptional commercial property, located at 1116-1122 E. US Highway Business 83 Highway E in Rio Grande City, Texas, 78582, presents a unique investment opportunity. Boasting 152 feet of frontage on the heavily trafficked East Highway 83, this lot offers unparalleled visibility, situated near a stoplight for optimal exposure. The property encompasses approximately 5,000 square feet of paved asphalt, a 360-square-foot canopy, and a 1,450-square-foot garage and office space. Built in 1960, the property's history includes a previous use as a gas station. Importantly, underground gasoline and oil storage tanks were professionally removed between 2019 and 2020, with subsequent soil testing confirming the absence of hydrocarbon contamination. The existing wood-frame building, along with all furniture, equipment, and personal property, is excluded from the sale. This prime location near the Historic Fort Ringgold offers significant potential for a variety of commercial ventures. The asking price for this strategically positioned property is $279,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rio Grande City
- County
- Starr
- State
- Texas
- Longitude
- -98.8262
- Latitude
- 26.3816
