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Property profile & analytics
OFF-MARKET
Land

18018 Queen Palm Dr Penitas, TX 78576

45,401 SF 1.04 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.04-acre commercial land parcel presents a remarkable investment opportunity in the thriving Penitas, Texas market. Located at 18018 Queen Palm Dr, this property boasts a generous 45,401 square feet of buildable space, zoned L, and offers an attractive price per square foot of $7.71. Its strategic corner location at Mile 7 and Queen Palm Drive ensures high visibility and accessibility, making it an ideal site for a variety of commercial ventures. The property benefits from its proximity to established businesses, including a Junior's Supermarket, Dollar General, La Reynera Bakery, and Dr. Juarez Saenz Middle School, guaranteeing a strong customer base and convenient access for employees and patrons. The APN is P9279-01-000-0028-00. This prime location in Hidalgo County, Texas (zip code 78576), offers significant potential for growth and return on investment. The property's size and location make it suitable for a wide range of commercial developments, from retail spaces to restaurants and other businesses. Don't miss this chance to acquire a highly desirable commercial property in a rapidly developing area. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Land
Total area 45,401 SF
Lot 1.04 ac (45,302 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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