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- LoopNet Team
4761 E US Highway 83
Rio Grande City, TX 78582
Rio Grande Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Heavy daytime traffic
- Under market rents with upside
- Great visibility
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
- Storage Space
ABOUT 4761 E US HIGHWAY 83 , RIO GRANDE CITY, TX 78582
Highly visible multi tenant strip center, situated directly off of US Highway 83. Shopping center is located in a strong retail pocket and rapidly growing area of Rio Grande City. This location benefits from High traffic counts (35k VPD) and great accessibility; 40 ft. lit pylon sign included. Shopping center has upside with competitive lease rates in place. There is also added value with the non-operational mini storage units at the rear of the property. With proper onsite management, these storage units could produce upwards of $40,000/year to the gross income. Storage units could also easily be raised for additional space to be built or to be used for parking.
PROPERTY TAXES
| Parcel Number | 13650-00000-00100-000000 | Improvements Assessment | $850,340 |
| Land Assessment | $301,350 | Total Assessment | $1,151,690 |
PROPERTY TAXES
