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W Of Abram Rd Penitas, TX 78576

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For Sale
$18,817,920

Commercial land in high-growth area, excellent demographics, opportunity zone.

Property size:
72 SF
Lot size:
72.61 Acres

Property Features for W Of Abram Rd

General Information

Size
72 SF
Lot size
72.61 Acres

Source: Adrian Abel Arriaga Agent Adrian Abel Arriaga

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Prime Commercial Frontage Land

This property features prime commercial frontage situated on the northwest corner of the fastest-growing corridor in West Hidalgo County. The location benefits from excellent demographics within one of the largest independent school districts. The area serves six growing communities and is part of a National Opportunity Zone. The intersection is slated to be linked to major US-Mexico International Crossings. Hidalgo County Regional Mobility Authority has designated this area as a TIRZ (Tax Increment Reinvestment Zone). The City of Penitas has included this area in a master plan intended to create the next major retail center in South Texas. Construction has commenced for a new north-south thoroughfare. The property size is 72 acres and is located on U. S. Highway 83, west of Abram Road.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Penitas
County
Hidalgo
State
Texas
Longitude
-98.4456
Latitude
26.2293

FAQs

What type of property is this?
Land - Commercial land in high-growth area, excellent demographics, opportunity zone.
Where is this land located?
The property is located at W Of Abram Rd Penitas, TX.
What is the asking price?
The asking price for this property is $18,817,920.
What are key features of this property?
This property features: - Prime commercial frontage on the NW corner of the fastest growth corridor in West Hidalgo County.; - Located in an area servicing six growing communities with excellent demographics.; - Part of a National Opportunity Zone.
More about this property
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