0 Flores St Rio Grande City, TX 78582
This exceptional 1.8-acre commercial land parcel presents a unique investment opportunity in Rio Grande City, Texas. Located at 0 N Flores Street, this triangular-shaped lot boasts significant frontage (approximately 600 feet) on the busy Flores Street/FM 755, offering unparalleled visibility and accessibility. With depths of approximately 340 feet and 461 feet on the back side, the property provides ample space for diverse development possibilities. Its strategic corner location, across from the new County Commissioner's Building (formerly the Medina Electric Building), ensures high traffic volume and prominent exposure. The property's versatility allows for a range of uses, including single-family residential, multi-family housing, or various commercial ventures, capitalizing on its prime location on a major thoroughfare. All utilities are readily available, simplifying development plans. Furthermore, the property's proximity to shopping centers, schools, and the Starr County Memorial Hospital (within a 10-15 minute radius) adds to its appeal and potential for attracting residents and businesses. The asking price for this exceptional property is $179,000. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area with excellent potential for significant return on investment. The zip code is 78582, and the property is situated 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.