Commercial Real Estate Market in Palmview, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
31 active listings and 298 off-market properties in Palmview, TX. Commercial property asks $141/SF to buy and $6.87/SF/Yr to lease.
Market Trends
Palmview, TX spans 105.5 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Palmview, TX asks $195/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Palmview, TX asks $164/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Palmview, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Palmview, TX asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 44.5%
- Agricultural 33.1%
- Commercial 13.9%
- Industrial 5.6%
- Civic 2.9%
Largest Zones share of zoned land by district
Single Family Residential
Agricultural And Open Space
General Business
Light Industrial
Mobile And Modular Home
Agricultural And Open Space (AO-1)
The Permanent Open Space District is intended to protect those areas that are unsuitable for development because of physical terrain issues or potential health or safety hazards such as being susceptible to prompt flooding conditions and to protect and preserve natural habitats of wildlife and plant life that are deemed critical by the city
Market overview
Demographics & Economy
Palmview, TX has 141,907 residents in 51,005 households. Density runs 1,345 people per square mile. Median household income here is $53,360 and median gross rent $858 a month.
141,907
Population
51,005
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
67%
High-School Grad
105.5 sq mi
ZIP Area
1,345
Density / Sq Mi
$53,360
Median Household Income
$29,118
Median Earnings
$858
Median Rent
$120,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Alamo | $141 (county avg) | $12.75 |
| El Gato | $141 (county avg) | — |
| Campo Alto | $141 (county avg) | — |
| Donna | $141 (county avg) | $11.17 |
Commercial property in Palmview, TX asks $141/SF. The 4 bordering markets run from $141/SF in Alamo to $141/SF in Alamo, and the city sits in line with their $141/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Palmview?
Commercial property in Palmview, TX asks an average of $141 per square foot. Office carries the highest asking price at $195/SF.
How much does it cost to lease commercial space in Palmview?
Asking lease rates in Palmview, TX average $6.87 per square foot per year.
How does Palmview compare to nearby markets on price?
Palmview, TX asks $141/SF against $141/SF in Alamo, $141/SF in El Gato, $141/SF in Campo Alto and $141/SF in Donna.
Where does Realmo's Palmview market data come from?
Realmo compiles Palmview, TX figures from 27 active sale listings, 4 active lease listings, 298 tracked off-market properties, the current Palmview zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 4 active for-lease listings in Palmview, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,259 zoned acres across 11 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
