Commercial Real Estate Market in Palmview, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
26 active listings and 298 off-market properties in Palmview, TX. Commercial property asks $90/SF to buy (based on 8 listings) and $13.80/SF/Yr to lease.
Market Trends
Palmview, TX spans 105.5 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Palmview, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Palmview, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Palmview, TX (the middle half): Lease $13.80–$13.81/SF/Yr (median $13.80/SF/Yr, 12 listings).
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%.
Multifamily
Multifamily space in Palmview, TX has a median asking sale price of $80/SF (based on 4 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
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
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Alamo | $130 | $14.76 |
| Donna | $113 | $18.48 |
| San Juan | $133 | $24.00 |
| Pharr | $125 | $17.40 |
Commercial property in Palmview, TX asks $90/SF. The 4 bordering markets run from $113/SF in Donna to $133/SF in San Juan, and the city sits below their $127/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Palmview?
How much does it cost to lease commercial space in Palmview?
How does Palmview compare to nearby markets on price?
Where does Realmo's Palmview market data come from?
Methodology & data sources
- Asking prices and medians
- There are 13 active for-sale and 13 active for-lease listings in Palmview, TX. The medians are based on 8 of the for-sale and 12 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
