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6324 E US Highway 83
Rio Grande City, TX 78582
Retail Property For Sale

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Investment Highlights

  • Commercial - Residential - Income Property, in one of the fastest growing areas of the Rio Grande Valley

Executive Summary

Commercial - Residential - Income Property, in one of the fastest growing areas of the Rio Grande Valley - Rio Grande City (1.34 Acre). Property sits on the main US Highway 83 that connects the Rio Grande Valley with Laredo. The Commercial area is being used as a Car Sale Lot with the capacity of 40+ vehicles plus over 7,000 square feet of Steel Canopy and an 800 Square Foot Office. The Residence is a Two Story Stucco home with 2,133 Square Feet, The First Floor has 3 Bedrooms, 2 Baths and Second Story has 2 Bedrooms, 2 Bath. A Total of 5 Bedrooms and 4 Baths. The home was built in 2012 (Seller). The Income property is made up of a Duplex, 1 Bed, 1 Bath each with a total of 820 square feet. The property has 2 Water Meters and 3 Electric Meters, the property is fully fenced

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
5,086 SF
Building Class
C
Year Built
2001
Price
$855,494 CAD
Price Per SF
$168.21 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial - Residential - Income Property, in one of the fastest growing areas of the Rio Grande Valley - Rio Grande City (1.34 Acre).
Parking
50 Spaces (9.83 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Storage Space
  • Balcony

Property Taxes

Property Taxes

Parcel Number
12400-00000-01200-000000
Land Assessment
$10,463 CAD
Improvements Assessment
$0 CAD
Total Assessment
$10,463 CAD
  • Listing ID: 32339515

  • Date on Market: 2024-07-03

  • Last Updated:

  • Address: 6324 E US Highway 83, Rio Grande City, TX 78582

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