18018 Queen Palm Dr Penitas, TX 78576
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.