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Commercial Land with Existing Retail

121 Military Highway, Progreso, TX 78596

For Sale
$578,500

Land, Progreso, TX

Property SizeContact for details
Lot Size2.48 Acres
Days on Market221

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 #801071391
Added: Apr 1 Changed: Oct 8 Last Checked: Nov 7 at 8:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This 2.48-acre commercial land assemblage includes two adjoining parcels with distinct existing and future-use components. The approximately 0.75-acre front parcel contains a 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, with multiple access points and frontage along the roadway. It is located minutes from the Progreso International Port of Entry and near national retailers, residential density, and cross-border commercial activity. The combined configuration supports continued retail use on the improved parcel alongside phased development of the vacant tract.

Key Highlights

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

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Commercial land in Hidalgo County, TX

$188 Jul
$232 Aug
$197 Sep
$201 Oct

Properties on Market for Commercial land in Hidalgo County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

What type of property is this?
Commercial land - Two adjoining parcels combine an income-producing building with a vacant development tract.
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 includes a retail building with active leases; Approximately 1.73‑acre rear parcel is vacant and available for development
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