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    OFF-MARKET
    Land

    3781 Us Highway 83, Rio Grande City, TX 78582

    9.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.075-acre commercial land parcel presents a remarkable investment opportunity in Rio Grande City, Texas. Strategically located at 3781 W US Highway 83, the property boasts approximately 205 feet of frontage along the highway and extends to an approximate depth of 1,400 feet. This unique configuration allows for diverse development possibilities, combining prime commercial space along the highly visible highway with potential for residential development towards the rear of the property. The expansive lot offers significant flexibility for a variety of projects, catering to both commercial and residential needs. The location in Starr County, Texas, zip code 78582, provides easy access to major transportation routes, enhancing its appeal for businesses and residents alike. Furthermore, the potential for expansion exists, with additional acreage available to the east and west, totaling a possible 30.96 acres for larger-scale development projects. This property is priced competitively at $399,000, representing a compelling value for its size, location, and development potential. The property's dimensions and highway frontage make it an ideal location for a variety of commercial ventures, while the depth allows for substantial residential development. Don't miss this chance to acquire a significant piece of land in a growing Texas community.

    Property profile
    Verified
    Property type Land
    Lot 9.08 ac (395,307 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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