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    Penitas, TX

    Penitas, TX Commercial Real Estate for Sale

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    19 properties
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    Tenant-Occupied Restaurant Building
    Updated: Aug 25
    Tenant-Occupied Restaurant Building

    608 Tom Gill Road, Penitas, TX 78576

    $390,000
    1,600 sqft 0.51 AC lot
    Tenant‑occupied restaurant property at 608 Tom Gill Road
    1,600 square feet on 0.5086 acres
    Built in 2005 with frame/wood construction
    Central electric heating and central air conditioning
    Flat metal roof
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    Gated Wedding Venue Estate
    Updated: Jun 20
    Gated Wedding Venue Estate

    1461 Pino Street, Penitas, TX 78576

    $1,290,000
    2,941 sqft 3.00 AC lot
    2,941‑square‑foot, two‑story main building with bridal suite, dining room, kitchen, master suite, and multiple bathrooms
    3‑acre gated event estate at 1461 Pino Street, Penitas, TX 78576
    Covered pavilion with exposed wood trusses and stone fireplace
    Outdoor asador, granite bar, swimming pool, fountain, patio, deck, and porch
    Stone perimeter wall, motorized gate, bell tower monument sign, and sprinkler system
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    Restaurant Building with Lounge
    Restaurant Building with Lounge

    204 Tom Gill Road, Penitas, TX 78576

    $900,000
    3,182 sqft 0.51 AC lot

    Established restaurant property with dine-in, bar, lounge, takeout, and shared parking capabilities.

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    See what stands out in Hidalgo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Commercial Building with Drive-Through
    Commercial Building with Drive-Through

    513 N Tom Gill Road, Penitas, TX 78576

    $2,250,000
    9,014 sqft

    Masonry-front commercial building plus an on-site drive-through restaurant with over 70 parking spaces on 1.6 acres.

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    Storefront Property with Expansion Land
    Storefront Property with Expansion Land

    1312 Expressway 83, Penitas, TX 78576

    $1,100,000
    6,820 sqft 1.76 AC lot

    Brick commercial building with vacant land supporting expansion or retail subdivision.

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    Corner Residential Development Lot
    Corner Residential Development Lot

    17928 Washington Palm Drive, Penitas, TX 78576

    $160,000
    0.50 AC lot

    Corner lot with public water and sewer available, suited for building in a residentially zoned area.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    1.34 Acre Land in Penitas
    1.34 Acre Land in Penitas

    Pino Street, Penitas, TX 78576

    $88,000
    1.34 AC lot

    1.34 acre tract offering endless possibilities on Pino St.

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    Hacienda El Campanario Wedding Venue
    Hacienda El Campanario Wedding Venue

    1461 Pino St, Penitas, TX 78576

    $1,290,000
    2,941 sqft

    Operating event property with a gated setting, covered pavilion, pool, and dedicated bridal suite.

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    Commercial Land with FM Frontage
    Commercial Land with FM Frontage

    38707 FM 2221, Penitas, TX 78576

    $125,000
    0.95 AC lot

    Public water service is identified for the site.

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    Land, Penitas, TX
    Land, Penitas, TX

    3205 Tom Gill Road, Penitas, TX 78576

    $135,000
    0.50 AC lot

    Commercial land · 0.50 Acres

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    High-Visibility Commercial Building For Sale
    High-Visibility Commercial Building For Sale

    1006 SW Expressway 83, Penitas, TX 78576

    Contact for pricing
    4,500 sqft

    4,500 SF commercial building on a high-traffic corner.

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    Prime Commercial Land on Expressway
    Prime Commercial Land on Expressway

    2400 W. Expressway 83, Penitas, TX 78576

    $3,000,000
    2.68 AC lot

    2.68-acre commercial tract with high-traffic frontage on Expressway 83.

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    Freestanding Sonic Investment Property
    Freestanding Sonic Investment Property

    1815 E Expressway 83, Penitas, TX 78576

    Contact for pricing
    1,227 sqft

    New 20-year NNN lease with rental increases in Penitas, Texas.

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    Vacant Land Commercial Potential
    Vacant Land Commercial Potential

    38707 W Mile 7 Rd, Penitas, TX 78576

    $125,000

    Vacant land with commercial potential near schools and highway.

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    Commercial Corner Lot in Penitas
    Commercial Corner Lot in Penitas

    00 Queen Palm Drive, Penitas, TX 78576

    Contact for pricing
    1.04 AC lot

    High-visibility 1.04-acre commercial corner lot in Penitas, TX.

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    Commercial Land in Penitas, TX
    Commercial Land in Penitas, TX

    TBD Tom Gill Road, Penitas, TX 78576

    Contact for pricing
    0.50 AC lot

    Half acre of land suitable for commercial or residential use.

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    Prime Commercial Land in Peñitas
    Prime Commercial Land in Peñitas

    2001 US-83, Penitas, TX 78576

    Contact for pricing
    0.93 AC lot

    0.93 AC hard corner pad site on US Hwy 83.

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    Retail Pad Sites For Sale
    Retail Pad Sites For Sale

    215 Liberty Blvd, Penitas, TX 78576

    Contact for pricing

    Outparcel to Walmart and future Home Depot.

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    Outparcel to Walmart Supercenter
    Outparcel to Walmart Supercenter

    230 Liberty Blvd, Penitas, TX 78576

    Contact for pricing

    Pad sites in retail center with high traffic volume.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Penitas, TX, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    Off-Market Properties in Penitas, TX

    Consider similar Off-Market properties in Penitas, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    304 Main St
    MOBILE HOME PARK, TRAILER PARK

    304 Main St, Penitas, TX 78576-7217

    Estimated value:
    $365,000
    3,056 sqft 15.63 AC lot
    View details
    2000 Expy 83
    AUTO REPAIR, GARAGE

    2000 Expy 83, Penitas, TX 78576-2235

    Estimated value:
    $170,000
    907 sqft 0.10 AC lot
    View details
    Washington Palm Dr
    SHOW ROOM, WAREHOUSE

    Washington Palm Dr, Penitas, TX 78576

    Estimated value:
    $380,000
    9,100 sqft 1.04 AC lot
    View details
    39614 Mile 7th Rd
    OFFICE BUILDING

    39614 Mile 7th Rd, Penitas, TX 78576-7515

    Estimated value:
    $510,000
    12,780 sqft 0.90 AC lot
    View details
    1905 Ash St
    APARTMENT HOUSE (5+ UNITS)

    1905 Ash St, Penitas, TX 78576-2002

    Estimated value:
    $340,000
    5,807 sqft 0.57 AC lot
    View details

    Penitas, TX Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Penitas, TX, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 32,225 square feet of properties for sale, with an estimated market value of $10,853,000.

    Sale prices for business properties in Penitas, TX start at $88,000, averaging $904,416, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 14K
    Population Growth (5Y) +26.7%
    Median Household Income $48,205
    College Educated 8.6%

    High-Yield Neighborhoods for Investment

    Identify Penitas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Alamo - 78516 $260K
    Penitas - 78576 $776K

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $63.66 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hidalgo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hidalgo County

    Retail

    Office

    Residential Income

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