38807 Mile 7 Rd Penitas, TX 78576
- Commercial real estate
- 1,200 SF
- 0.51 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 38807 Mile 7 Rd
- Year built
- 2004
- Lot size
- 0.51 lot acres
- Property size
- 1,200 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 1,200 square foot retail building situated on a 0.51-acre lot in Penitas, Texas. Located at 38807 W Mile 7 Road, this property boasts excellent visibility with over 100 feet of frontage on a high-traffic road. Its strategic position directly across from Junior's Supermarket ensures consistent foot traffic and brand recognition. The existing building provides ample space for a variety of commercial uses, offering potential for immediate occupancy or expansion to suit individual business needs. The property's versatility makes it suitable for a wide range of retail, service, or office ventures. Furthermore, its convenient location offers easy access to Expressway 83 via Tom Gill Road, within a 10-minute drive, enhancing accessibility for both customers and employees. This prime commercial real estate presents a rare chance to establish a thriving business in a bustling area with significant growth potential. The asking price is $155,000. Don't miss this opportunity to secure a valuable asset in a high-demand location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Penitas
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.4416
- Latitude
- 26.334
