Last 24 Hours
$2,146,236
NAL Estimated Property Value1315 BUSINESS 83, RIO GRANDE CITY, TX, 78582
Off Market
Commercial
— Beds
— Bath
9,000 Sq Ft
$25.44 / sqft
Built in 1990Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1.90 acres
Building Information
Year Built2021
Stories1
Roof Type112
Land Information
APNE8465-08-000-0003-05
Lot Number3,13
SubdivisionExpressway Business Park Ph 8 - Sms
Land UseCommercial
Legal DescriptionEXPRESSWAY BUSINESS PARK PH 8 (REPLAT W685' LOT 13) LOT 3
Census Tract020405
Assessed Land Value$439,096
Assessed Improvement Value$1,707,140
Assessment Year2025
About this property
Nice office/warehouse property located on the main thoroughfare in Rio Grande City. Property is currently occupied by the Community Action Council of South Texas transportation division. Main building has 2,500 SF of air conditioned office space and 5,500 SF of garage area with four overhead doors and one lift. There is also a 1,500 FF metal building that houses a 5,000 gallon above ground fuel tank. Property has security fencing and lighting. Lease information available on request to qualified buyers.
Investor Tools
$2,146,236
Estimated Property Value
$0Estimated Mortgage Balance
$2,146,236Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,877 /month
Positive
Cash Flow Estimate:
$4,292 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,848/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$47,444
$2,146,236
2025
$439,096
$1,707,140
$2,146,236
No
Tax History
Year
Tax Paid
Assessed Value
2024
$47,444
$2,146,236
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,146,236
100%
0%
$0/mo
12.4%