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    3429 Tom Gill Rd Penitas, TX 78576

    For Sale
    $900,000

    2.49-acre commercial property; motivated seller.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2.49-acre commercial property in Penitas, Texas, presents a unique investment opportunity. Located at 3429 N Tom Gill Road #0, near Mile 3, this property boasts a prime location on a busy thoroughfare. The site includes a substantial steel warehouse, painted beige with green trim, currently operating as a thriving tire and mechanic shop. All existing tools and equipment within the warehouse are included in the sale, representing a significant added value for a prospective buyer. Further enhancing the property's versatility is an integrated vehicle inspection station and a car wash, providing multiple income streams. Built in 2008, this property offers immediate operational capabilities and significant potential for expansion or redevelopment. The seller is highly motivated to finalize a sale, making this an attractive proposition for investors seeking a turnkey commercial venture or a strategic land acquisition in a high-traffic area of Hidalgo County, Texas. The property's 2.49-acre size allows for considerable flexibility in future uses. The zip code is 78576. This is a rare opportunity to acquire a well-established commercial property with diverse income streams and significant growth potential.

    Property Features for 3429 Tom Gill Rd

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    108,464 SF

    Building Details

    Year Built
    2008

    HighLights

    • Highly motivated seller offering a versatile 2.49‑acre commercial property in Penitas, TX.
    • Includes a steel warehouse (beige with green trim) operating as a tire and mechanic shop, with all tools included.
    • Features an on‑site vehicle inspection station and car wash.
    • Prime location on a busy road, ideal for multiple uses; asking price $900,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Hotel & Motel Skin Care Clinic Food Market Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4404173
    Latitude
    26.2714431

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    FAQs

    What type of property is this?
    Office Property / Space - 2.49-acre commercial property; motivated seller.
    Where is this office property / space located?
    The property is located at 3429 Tom Gill Rd Penitas, TX.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Highly motivated seller offering a versatile 2.49-acre commercial property in Penitas, TX.; Includes a steel warehouse (beige with green trim) operating as a tire and mechanic shop, with all tools included.; Features an on-site vehicle inspection station and car wash.
    Request Owner's contact information
    3429 Tom Gill 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
    3429 Tom Gill Rd Penitas, TX 78576
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