2400 W Expressway 83, Penitas, TX 78576

Building Details

Year Built

2004

Listing agent Coldwell Banker La Mansion

Listing office o***@cblamansion.com Show Phone

Listing date May 28, 2026

Source Xome

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Overview

This 2.69-acre commercial tract is offered for sale as a redevelopment site. The existing improvements are described as contributing minimal value and can be removed to support redevelopment and optimal utilization of the property. The offering is positioned for developers, investors, and end-users looking for a straightforward platform to plan and build according to their specific use needs.

The property is located at 2400 W Expressway 83 in Penitas, Texas, with frontage along Expressway 83, which the remarks identify as one of the Rio Grande Valley’s most heavily traveled corridors. Public remarks further note traffic counts exceeding 40,000 vehicles per day, supporting strong visibility and day-to-day accessibility for prospective customers and tenants.

For buyers and developers, the primary value here is the combination of frontage and redevelopment flexibility. With minimal improvements contributing to ongoing utility, the site may be suitable for concept-driven ground-up development aligned with the buyer’s planned commercial use. The location and stated traffic profile can also support retail, service, and other commercial plans that benefit from prominent exposure along a major roadway.

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Penitas

County

Hidalgo

State

Texas

Longitude

-98.4341588

Latitude

26.2416166

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FAQs

What type of property is this?

Commercial land - A 2.69-acre commercial tract in Penitas offers Expressway 83 frontage and redevelopment flexibility with minimal value existing improvements.

Where is this commercial land located?

The property is located at 2400 W Expressway 83 Penitas, TX.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: 2.69‑acre commercial tract in Penitas, TX with frontage along Expressway 83; Traffic counts exceeding 40,000 vehicles per day on Expressway 83; Includes 30 parking spaces plus handicap parking and a paved driveway