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    44015 Austen St Penitas, TX 78576

    For Sale
    $325,000

    1-Acre Commercial Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1-acre commercial lot presents a unique investment opportunity in the rapidly growing city of Penitas, Texas. Located at the high-traffic intersection of Mile 4 and Jarachinas Road, this property boasts unparalleled visibility and accessibility, making it ideal for a diverse range of commercial ventures. The lot's zoning allows for both commercial and residential development, offering flexibility for potential buyers. Situated in Hidalgo County, with a 78576 zip code, this property is conveniently located near key transportation routes and amenities. The area is experiencing significant growth, presenting a strong potential for future appreciation. This prime location is perfect for businesses seeking high visibility and easy access to a growing customer base. The 1-acre size provides ample space for development, allowing for the creation of a substantial commercial building or a mixed-use development. The asking price is $325,000. This is a rare opportunity to acquire a strategically located property in a thriving Texas community. Don't miss out on this chance to establish a presence in a dynamic and expanding market. The property's coordinates are 26.3012637 latitude and -98.4757314 longitude. This land offers significant potential for both short-term and long-term returns.

    Property Features for 44015 Austen St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Penitas, TX, at the high‑traffic intersection of Mile 4 and Jarachinas Road.
    • Zoned for commercial and residential use.
    • Located in Hidalgo County, zip code 78576, near key transportation routes.
    • Asking price: $325,000.
    • Coordinates: 26.3012637 latitude, -98.4757314 longitude.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Dental Office Hair Salon Auto Repair Shop Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4757314
    Latitude
    26.3012637

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    FAQs

    What type of property is this?
    Land - 1-Acre Commercial Land, High Visibility
    Where is this land located?
    The property is located at 44015 Austen St Penitas, TX.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 1-acre commercial lot in Penitas, TX, at the high-traffic intersection of Mile 4 and Jarachinas Road.; Zoned for commercial and residential use.; Located in Hidalgo County, zip code 78576, near key transportation routes.
    Request Owner's contact information
    44015 Austen St Penitas, TX 78576
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    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
    44015 Austen St Penitas, TX 78576
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