Current Use by Public Records
- Specialty properties
Property Details for 216 Fm 3167
- Property type
- Specialty properties
Description
This exceptional commercial property, located at 216 N FM 3167 Road in Rio Grande City, Texas, 78582, offers a prime investment opportunity. The 2.03-acre lot houses a brand-new, modern plaza boasting 12 individual units, each measuring 1,000 square feet. With a total of 101 parking spaces, ample parking is ensured for tenants and customers. Construction is projected for completion by March 2024. The plaza enjoys a high-traffic location, with over 10,000 vehicles passing daily. Its strategic proximity to key community assets further enhances its appeal. The upcoming Renaissance Hospital will be located just blocks away, while Veterans Middle School, Starr County Memorial Hospital, UTRGV Am University campus, and STC campus are all within a quarter to half a mile radius. The versatile units are suitable for a wide range of businesses, including office space, restaurants, retail establishments, and medical or dental practices. Each unit is available for lease at $1,450.00 per month. The property's APN is 043070000000100000000. This is a rare opportunity to secure a place in a thriving Rio Grande City commercial landscape. Don't miss out on this exceptional investment.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rio Grande City
- County
- Starr
- State
- Texas
- Longitude
- -98.8535
- Latitude
- 26.3947
