3239 Us Hwy 83 Hwy Rio Grande City, TX 78582
This exceptional 1-acre commercial property, located at 3239 W US Hwy 83 Highway in Rio Grande City, Texas, presents a lucrative investment opportunity. The land, situated in Starr County, zip code 78582 (latitude 26.3744001, longitude -98.8789998), is ideally suited for a restaurant or similar commercial venture. Built in 1985, this property boasts prime highway frontage, ensuring high visibility and accessibility for potential customers. The ample lot size provides generous space for parking and building expansion, catering to the needs of a thriving business. Its strategic location along a high-traffic highway guarantees consistent exposure to a large customer base, comprising both local residents and travelers. The asking price for this remarkable property is $500,000. This is a rare opportunity to acquire a well-positioned commercial lot with significant potential for growth and profitability in a dynamic market. Don't miss out on this chance to establish your business in a highly visible and accessible location.
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
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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.