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Bank-Owned Office and Training Building
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500 S Main Street, Penitas, TX 78576

Bank-owned building with reception, conference, training, and multiple support rooms on 5 acres.

Property SizeContact for details
Lot Size5.00 Acres
Days on Market121

Property Features for 500 S Main Street

General Information

Standard status Active
Lot size 5.00 Acres
Property subtype Retail, Office, Mixed Use

Additional Details

Highway Access Yes
Listing Agency: Alliance Real Estate Group
Listed By: Esteban Sanchez · License #0650961
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 10:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alliance Real Estate Group

Investment Insights

Based on property information with market context.

This bank-owned commercial building offers a professional interior layout with a reception area, conference room, training room, clerical room, file room, break room, and storage. The property is suited to office-oriented uses, with room types that can support workplace, training, and administrative functions.

The building is located on the east side of S Main Street, with access described from Expwy 83 and via Main St (19th St) or FM 1427. A large 5.0-acre site provides room for on-site operations and potential future improvements, subject to approvals.

Overall, it is a substantial standalone facility configured with multiple discrete rooms for meetings, training, document handling, and daily operations.

Key Highlights

  • 5.0‑acre bank‑owned commercial building with multiple interior offices and support rooms
  • Features include reception, conference room, training room, and several clerical/file rooms
  • Additional rooms include break room and storage

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Locksmith Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 78576, TX

13,901
Population
3,362
Households
4.1
Avg Household Size
25
Median Age
6%
College-Educated
53%
High-School Grad
58.2 sq mi
ZIP Area
239
Density / Sq Mi
$48,205
Median Household Income
$21,962
Median Earnings
$629
Median Rent
$116,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Bank-owned building with reception, conference, training, and multiple support rooms on 5 acres.
Where is this office building located?
The property is located at 500 S Main Street Penitas, TX.
What are key features of this property?
This property features: 5.0‑acre bank‑owned commercial building with multiple interior offices and support rooms; Features include reception, conference room, training room, and several clerical/file rooms; Additional rooms include break room and storage
(956) 328-9971 Call to check price and availability
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