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102 E Colorado Street 102 Colorado st 8,000 SF Retail Building Rio Hondo, TX 78583 $625,000 ($78.13/SF)
INVESTMENT HIGHLIGHTS
- Freestanding Building
- Fully Sprinklered
- Located on 5 City Lots
EXECUTIVE SUMMARY
PROPERTY OVERVIEW
+/- 8,000 sf Former Adult Day Care Center located on the main thoroughfare in Raymondville, Texas. Building offers several large areas for conferencing or activities, reception area with two (2) private offices, eight (8) restrooms, two (2) large work areas, kitchen with 3-compartment sink and vent hood and large area for activities. Recent TPO Roof and a Fully Sprinklered facility, the building can be utilized for another Adult day Care or Childrens Day Care, with a secure/outdoor area for play. Building is being sold with the Car Wash on the corner and property consists of two (2) City Lots.
+/- 8,000 sf Former Adult Day Care Center located on the main thoroughfare in Raymondville, Texas. Building offers several large areas for conferencing or activities, reception area with two (2) private offices, eight (8) restrooms, two (2) large work areas, kitchen with 3-compartment sink and vent hood and large area for activities. Recent TPO Roof and a Fully Sprinklered facility, the building can be utilized for another Adult day Care or Childrens Day Care, with a secure/outdoor area for play. Building is being sold with the Car Wash on the corner and property consists of two (2) City Lots.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built/Renovated
1950/2015
Price
$625,000
Price Per SF
$78.13
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 552000-0000-001100 | Total Assessment | $254,648 |
| Land Assessment | $91,152 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $163,496 | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
552000-0000-001100
Land Assessment
$91,152
Improvements Assessment
$163,496
Total Assessment
$254,648
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
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102 E Colorado Street | 102 Colorado st
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