Mixed-Use

Penitas, TX Mixed-use Properties 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 Drive-Through
Updated: Oct 22
Mixed-Use Property with Drive-Through

513 N Tom Gill Road, Penitas, TX 78576

$2,100,000
9,014 sqft 1.61 AC lot
9,014‑square‑foot event center on 1.605 acres
Separate 1,235‑square‑foot drive‑through snack shop
Over 70 parking spaces
Masonry front façade with steel on the other sides
Built in 2009
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Freestanding Mixed-Use Property
Freestanding Mixed-Use Property

807 W Palma Vista Drive, Mission, TX 78572

$389,000
5,012 sqft 0.28 AC lot

The single-story building includes retail areas alongside warehouse and storage space.

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Mixed-Use Commercial Property
Mixed-Use Commercial Property

804 W Veterans Boulevard, Palmview, TX 78572

$315,000
1,830 sqft 0.42 AC lot

The building combines restaurant, office, salon, and gym areas.

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2-Unit Mixed-Use Property
2-Unit Mixed-Use Property

1717 La Homa Road, Mission, TX 78574

$455,000
4,107 sqft

Two occupied units are complemented by a warehouse at the rear of the site.

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Mixed-Use Land Parcel
Mixed-Use Land Parcel

Business Hwy 83, Palmview, TX 78572

$215,000
4.81 AC lot

Vacant 4.81-acre parcel with potential for residential or commercial development in Palmview, Texas.

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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 Tract
Commercial Land Tract

999 Interstate 2, Palmview, TX 78572

$2,290,000
6.00 AC lot

Unzoned Palmview tract positioned for evaluation of commercial or mixed-use development.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

999 Expressway 83, Palmview, TX 78572

$3,900,000
9.00 AC lot

Commercial land with frontage along the I-2 service road and La Homa.

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Vacant Land Commercial Potential
Vacant Land Commercial Potential

38707 W Mile 7 Rd, Penitas, TX 78576

$125,000

Vacant land with commercial potential near schools and highway.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

6812 N La Homa Road, Mission, TX 78574

$1,254,000
4.18 AC lot

More than four acres along a busy roadway, offering commercial land-use potential in Mission.

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Off-Market Properties in Penitas, TX

Consider similar Off-Market properties in Penitas, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1307 Expy 83
MIXED USE (COMMERCIAL/INDUSTRIAL)

1307 Expy 83, Penitas, TX 78576-2222

Estimated value:
$2,700,000
15,972 sqft 5.02 AC lot
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Penitas, TX Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 9,014 square feet of properties for sale, with an estimated market value of $2,100,000.

Sale prices for multi use buildings in Penitas, TX average $2,100,000 — 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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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)

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