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Property profile & analytics
OFF-MARKET
Land

5 Central Palm Dr Rio Grande City, TX 78582

1.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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