5 Central Palm Dr Rio Grande City, TX 78582
This exceptional 1.5-acre commercial lot is strategically located in Rio Grande City, Texas, at Lot 5 Central Palm Drive, zip code 78582. Priced at $215,000, this property presents a unique investment opportunity in a rapidly growing area. Its proximity to the new DHR Health state-of-the-art medical development and Starr County Memorial Hospital positions it perfectly to capitalize on the substantial growth in the medical and related fields. The lot's 1.05 acres offer ample space for a variety of commercial ventures, including fast-food restaurants, other restaurants, and retail establishments. This burgeoning area is experiencing significant expansion, making this lot an attractive prospect for businesses seeking to establish a presence in a thriving community. The property's address is easily accessible, offering excellent visibility and convenient access for customers and employees. Don't miss this chance to secure a prime location in a dynamic market; this opportunity is expected to be in high demand. Act quickly to secure your spot in this rapidly developing area of Rio Grande City. The property is located in Starr County.
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.