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    230 Liberty Blvd Penitas, TX 78576

    For Sale
    $2,191,550

    High-traffic retail land near Expressway.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional investment opportunity presents 5.04 acres of commercial land in Penitas, Texas, ideally situated as an outparcel to a Walmart Supercenter. The property boasts a highly desirable location within the city's retail center, directly accessible from the expressway, ensuring high visibility and significant traffic volume from throughout the Rio Grande Valley. Multiple access points around the pads provide excellent ingress and egress, enhancing convenience for potential businesses and customers. The site benefits from its proximity to a major retail anchor, Walmart, creating a synergistic environment for increased foot traffic and brand recognition. The land is divisible, offering flexibility for various development scenarios and accommodating multiple tenants. With its strategic location, high traffic counts, and excellent access, this property represents a compelling investment opportunity for developers and businesses seeking a prime location in a thriving retail market. The asking price is $2,191,550. The address is 230 Liberty Blvd, Penitas, TX 78576, in Hidalgo County.

    Property Features for 230 Liberty Blvd

    General Information

    Property type
    Land

    HighLights

    • Walmart Supercenter outparcel.
    • Penitas' retail hub.
    • High visibility and accessibility from the expressway.
    • Multiple access points for excellent traffic flow.
    • Divisible pads available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4405808
    Latitude
    26.2445221

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    FAQs

    What type of property is this?
    Land - High-traffic retail land near Expressway.
    Where is this land located?
    The property is located at 230 Liberty Blvd Penitas, TX.
    What is the asking price?
    The asking price for this property is $2,191,550.
    What are key features of this property?
    This property features: Walmart Supercenter outparcel.; Penitas' retail hub.; High visibility and accessibility from the expressway.
    (956) 607-2300
    Request Owner's contact information
    230 Liberty Blvd 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
    230 Liberty Blvd Penitas, TX 78576
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