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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

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    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.
    (956) 279-8970
    Request Owner's contact information
    W Of Abram Rd Penitas, TX 78576
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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
    W Of Abram Rd Penitas, TX 78576
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