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    Penitas, TX
    Medical Premises

    Penitas, TX Medical Office Space for Sale

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    La Joya, TX Mission, TX Palmview, TX Edinburg, TX Sullivan City, TX Alton, TX Mcallen, TX Los Ebanos, TX
    Mixed-Use Property with Vacant Land
    Updated: Nov 6
    Mixed-Use Property with Vacant Land

    1312 Expressway 83, Penitas, TX 78576

    $1,100,000
    6,820 sqft 1.76 AC lot
    6,820‑square‑foot building on approximately 1.76 acres
    Prior uses included a medical clinic, pharmacy and retail, and an insurance office
    Vacant land offers room for expansion or retail subdivision
    Access from eastbound Expressway 83 and Buenavista Street
    Built in 1983
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    See hot listings in Penitas

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Medical Office for sale in Penitas, TX. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Space, Two Buildings
    Medical Office Space, Two Buildings

    204 Palmview Drive, Palmview, TX 78572

    $780,000
    9,220 sqft 0.50 AC lot

    Two-story configuration with a separate office building accommodates medical, professional, and administrative operations.

    View details
    Two-Building Medical Office
    Two-Building Medical Office

    204 Palmview Drive, Palmview, TX 78572

    $780,000
    9,220 sqft

    A separate office building adds reception space and private rooms to the main facility.

    View details
    Medical Office Suite
    Medical Office Suite

    2134 E Griffin Parkway, Mission, TX 78572

    Contact for pricing
    2,970 sqft

    A reception area, three sink-equipped patient rooms, and dedicated office space support clinical and administrative functions.

    View details
    Medical Office with Exam Rooms
    Medical Office with Exam Rooms

    1022 E Griffin Parkway #104 B, Mission, TX 78572

    $585,000
    2,400 sqft

    The 2003 property combines patient rooms with reception, office, conference, and support areas.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Public Water
    Commercial Land with Public Water

    4029 Expressway 83, Mcallen, TX 78501

    $1,450,000
    0.95 AC lot

    Vacant commercial parcel positioned between established restaurant and home furnishings businesses with public water service.

    View details

    Penitas, TX Medical Office Space Market Trends and Statistics

    Explore 1 medical office space for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 6,820 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for medical spaces in Penitas, TX average $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 1
    Office buildings 1
    Office Units 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +26.7%
    Median Household Income $48,205
    College Educated 8.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $63.66 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hidalgo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hidalgo County

    Retail

    Office

    Residential Income

    How Realmo verifies these figures

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