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58 Acres Proposed Development Land
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NEC of Expressway 83 and 23rd Street, Penitas, TX 78576

58 acres of land for retail, restaurant, medical, office.

Property Size58 SF
Days on Market251

Property Features for NEC of Expressway 83 and 23rd Street

General Information

Standard status Active
Size 58 SF
Property subtype Retail
Listing Agency: CBRE | San Antonio
Listed By: Thomas Tyng
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Jul 31 at 3:08AM

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 CBRE | San Antonio

Investment Insights

Based on property information with market context.

This proposed development encompasses 58 acres in Penitas, Texas, situated 8 miles west of Mission and 25 miles east of Rio Grande City. The property is located at the northeast corner of Expressway 83 and 23rd Street. According to the provided information, this site is suitable for retail, restaurant, medical, and office use.

Key Highlights

  • Located at the northeast corner of Expressway 83 and 23rd Street.
  • Ideal site for retail, restaurant, medical, and office development.
  • 58 acres proposed development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Locksmith Storage Facility Real Estate Agency

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

275
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 58 acres of land for retail, restaurant, medical, office.
Where is this commercial land located?
The property is located at NEC of Expressway 83 and 23rd Street Penitas, TX.
What are key features of this property?
This property features: Located at the northeast corner of Expressway 83 and 23rd Street.; Ideal site for retail, restaurant, medical, and office development.; 58 acres proposed development.
More about this property
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