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Property profile & analytics
OFF-MARKET
Land

200 Corpus St Rio Grande City, TX 78582

Built 1904
Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 200 N Corpus Street N in Rio Grande City, Texas, presents a unique investment opportunity. The property boasts a prominent 115-foot frontage on a major east-west thoroughfare (2nd Street/Business 83), experiencing approximately 15,000 vehicles daily. The lot extends 171 feet deep along North Corpus Street, offering a substantial 19,700.01 square foot area. Situated on the northwest corner of 2nd and Corpus Streets, this location benefits from high visibility and accessibility. The property includes a 2,733 square foot brick veneer building constructed in 1904, featuring 90% hardwood floors. While the building is currently vacant, its solid construction and prime location offer significant potential for adaptive reuse. Furthermore, the property includes 2.5 vacant lots, providing ample space for additional parking or expansion to accommodate a variety of commercial uses. Its proximity to the Catholic Church and the Starr County Courthouse further enhances its desirability. The diverse commercial possibilities include office space, retail establishments, and restaurants, making this a highly attractive investment in a thriving Texas community. The asking price is $365,000. The zip code is 78582.

Property profile
Verified
Property type Land
Year built 1904
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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