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Commercial Land with Retail Building
For Sale
$578,500

121 Military Highway, Progreso, TX 78596

COMMERCIAL - Progreso, TX

Property SizeContact for details
Lot Size2.48 Acres
Days on Market141

Property Features for 121 Military Highway

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Orchard Homes
Lot features Irregular Lot
Elementary school Progreso
Middle school Progreso
High school Progreso H.S.
Elementary school district Progreso ISD
Middle school district Progreso ISD
High school district Progreso ISD
Directions corner of 121 Military and mile 3 in Progreso Texas.
Standard status Active
APN O690000028000100
Lot size 2.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7853

Utilities

Water source Public
Listing Agency: BIG Realty
Listed By: Victor Fuentes · License #574075
Added: Apr 1 Changed: Aug 4 Last Checked: Aug 19 at 4:06PM
MLS# 492438

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.48-acre commercial land assemblage includes two adjoining parcels with distinct near-term and future-use components. The approximately 0.75-acre front parcel contains an existing retail building with active leases, while the approximately 1.73-acre rear parcel is vacant and available for development. Public water serves the property.

The site occupies the signalized intersection of Military Highway and Mile 3 Road in Progreso, Texas. It offers multiple access points and frontage at the intersection, with proximity to the Progreso International Port of Entry, national retailers, residential density, and cross-border commerce associated with port activity. The property information identifies potential applications including retail, QSR, strip center expansion, pad sites, and phased development.

Key Highlights

  • 2.48‑acre assemblage comprising two adjoining parcels
  • Approximately 0.75‑acre front parcel with existing retail building and active leases
  • Approximately 1.73‑acre vacant rear parcel available for development

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Stars Drive-In Dining
2,813 visits/mo 0.0 miles

Demographics for 78596, TX

37,329
Population
15,824
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
75%
High-School Grad
40.1 sq mi
ZIP Area
931
Density / Sq Mi
$53,797
Median Household Income
$31,618
Median Earnings
$917
Median Rent
$92,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Two adjoining parcels combine an occupied retail building with a vacant area for future commercial development.
Where is this commercial land located?
The property is located at 121 Military Highway Progreso, TX.
What is the asking price?
The asking price for this property is $578,500.
What are key features of this property?
This property features: 2.48‑acre assemblage comprising two adjoining parcels; Approximately 0.75‑acre front parcel with existing retail building and active leases; Approximately 1.73‑acre vacant rear parcel available for development
More about this property
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