Under-Construction Strip
For Lease
$850/Mo
17921 Coconut Palm Drive, Penitas, TX 78576
COMMERCIAL - Penitas, TX
Space SizeContact for details
Lot Size0.75 Acres
Days on Market264
Property Features for 17921 Coconut Palm Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Parking
5
Subdivision
Pueblo De Palmas Ph 1 & 2
Directions
Located on 7 Mile Rd. in Penitas. While Driving West its on Your Left hand side next to Los Pinos Hardware.
Standard status
Active
APN
P927702000013600
Size
4,544 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2607
Building Details
Year built
2025
Floors in Building
1
Listing Agency:
RE/MAX Platinum · RE/MAX International
(956) 668-8555
Listed By:
Marco Britschka
(956) 313-8511
Added: Dec 8, 2025
Changed: Aug 4
Last Checked: Aug 29 at 12:06PM
MLS# 488509
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 strip mall is under construction and planned with multiple rental units within a 4,544-square-foot commercial property. The 0.7524-acre site is being developed as a retail-oriented plaza with shared walkways and a layout intended for small businesses.
Located at 17921 Coconut Palm Drive in Peñitas, Texas, the property carries a 2025 year built designation. Its unit-based configuration provides a commercial setting for separate retail occupants within the same plaza.
Located at 17921 Coconut Palm Drive in Peñitas, Texas, the property carries a 2025 year built designation. Its unit-based configuration provides a commercial setting for separate retail occupants within the same plaza.
Key Highlights
- 4,544‑square‑foot strip mall property
- 0.7524‑acre commercial site
- Under construction
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.34 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,737 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,004 visits/mo
0.3 miles
Watermill Express
Shops & Services
4,060 visits/mo
0.4 miles
Demographics for 78576, TX
13,901
Population
3,362
Households
4.1
Avg Household Size
25
Median Age
6%
College-Educated
53%
High-School Grad
58.2 sq mi
ZIP Area
239
Density / Sq Mi
$48,205
Median Household Income
$21,962
Median Earnings
$629
Median Rent
$116,600
Median Home Value
Market
Lease Benchmarks for Penitas, TX
$2.29 /SF/Yr
Avg Asking Price
$2.24–$2.38 /SF/Yr
Price Range
4,544 SF
Avg Space Size
This space is priced 2% below the average of $2.29 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Multi-unit retail space is being developed for businesses seeking rental occupancy in Peñitas, Texas.
Where is this strip mall located?
The property is located at 17921 Coconut Palm Drive Penitas, TX.
What is the lease rate?
The lease rate is $850/Mo.
What are key features of this property?
This property features: 4,544‑square‑foot strip mall property; 0.7524‑acre commercial site; Under construction
