Health Care

Penitas, TX Healthcare Properties for Sale

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La Joya, TX Palmview, TX Mission, TX Edinburg, TX Sullivan City, TX Alton, TX Mcallen, TX Los Ebanos, TX
Brick Strip Retail Building
Updated: Sep 24
Brick Strip Retail Building

1312 Expressway 83, Penitas, TX 78576

$1,100,000
6,820 sqft 1.76 AC lot
Approximately 6,820 square feet of commercial building area
1.76‑acre property with vacant land beyond the building and parking area
Access from eastbound Expressway 83 and Buenavista Street
Recent uses included medical clinic, pharmacy and retail, and office and insurance space
Brick construction with tile and flat roof sections
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See hot listings in Penitas

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medical Office with Recovery Suite
Medical Office with Recovery Suite

2711,2715,2719, 2723 W Trenton Road, Edinburg, TX 78539

$2,220,000
12,000 sqft

Purpose-built healthcare office with exam rooms, administrative areas, staff facilities, and accessible entry improvements.

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Leased Retail Space
Leased Retail Space

303 W Nolana Avenue, Mcallen, TX 78504

$295,000
2,500 sqft

Established plaza setting with paved parking and access to nearby restaurants, retail centers, and offices.

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Turnkey Medical Office Suite
Turnkey Medical Office Suite

13-1200 E Savannah Ave, Mcallen, TX 78503

Contact for pricing
3,479 sqft

Professionally built-out, patient-ready medical suite with turnkey condition for immediate occupancy at Ridge Plaza.

View details
Edinburg Retail Property For Sale
Edinburg Retail Property For Sale

4620 S McColl Rd, Edinburg, TX

Contact for pricing
3,704 sqft 0.10 AC lot

Retail property in Edinburg, TX with long-term tenant.

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Penitas, TX Healthcare Properties Market Trends and Statistics

Explore 1 healthcare properties for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 6,820 square feet of properties for sale, with an estimated market value of $1,100,000.

Sale prices for medical real estate in Penitas, TX average $1,100,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical centers 1

Demographics Overview

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

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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