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    2400 Expressway 83 Penitas, TX 78572

    For Lease
    $17,000 /Mo ($20 SF/Yr)

    Commercial - Penitas, TX

    Property size:
    10,062 SF
    Lot size:
    2.68 Acres
    Days on Market:
    495
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 2400 Expressway 83

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    L077500000000100
    Parking
    58
    Parking features
    Paved or Surfaced
    Size
    10,062 SF
    Lot size
    2.68 Acres

    Building Details

    Year built
    2004
    Architectural style
    Other

    RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV (956) 566-8377 [email protected]

    Listing agent Jaime Lee Gonzalez (956) 928-1155

    Listing date Jul 29, 2024

    MLS# 445804 Listing URL

    Copyright © 2025 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.

    Overview

    Penitas Commercial Land For Rent

    Located at the intersection of Business 83 and US Highway 83 in Penitas, Texas, this commercial property offers a total lot size of 2.6823 acres. The property includes a 10,062 square feet area. The location provides convenience and visibility, making it suitable for businesses such as carpentry, heavy equipment, mechanic shops, or concrete companies. Ample parking space is available for customers, delivery vehicles, and heavy equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rgv Cash for Homes Property Investment Company G3 Lumber Building Materials Store

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.434243
    Latitude
    26.241499

    FAQs

    What type of property is this?
    Industrial property - Prime commercial land available for rent in Penitas, Texas.
    Where is this industrial property located?
    The property is located at 2400 Expressway 83 Penitas, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime location at the intersection of Business 83 and US Highway 83 in Penitas.; - Ample parking space for customers, delivery vehicles, or heavy equipment.; - Suitable for carpentry, heavy equipment, mechanic shops, or concrete companies.
    (956) 928-1155
    Request Owner's contact information
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    Penitas, TX 78572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2400 Expressway 83 Penitas, TX 78572
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