0000 Jara Chinas Rd Penitas, TX 78576
- Land
- 11.44 lot acres
Current Use by Public Records
- Land
Property Details for 0000 Jara Chinas Rd
- Lot size
- 11.44 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 11.44-acre property presents a unique investment opportunity in the thriving Hidalgo County, Texas. Strategically located on Jara Chinas Road in Penitas, TX, 78576, this versatile land parcel offers a blend of commercial and residential development potential. The property boasts 0.87 acres of prime commercial frontage on Jara Chinas Road, providing excellent visibility and accessibility for businesses seeking a high-traffic location. This prominent road frontage is ideal for a variety of commercial ventures, ensuring strong potential for return on investment. The remaining 10.57 acres are zoned for residential development, allowing for the creation of a residential community or individual homes. This combination of commercial and residential zoning makes this property exceptionally attractive for developers seeking a mixed-use project. Situated near the growing city of Penitas, this land offers easy access to major transportation routes and amenities, making it an ideal location for both businesses and residents. The property's size and location make it a highly desirable asset in a rapidly expanding area, presenting a significant opportunity for long-term growth and profitability. The asking price is $229,000. This is a rare chance to acquire a substantial land parcel with diverse development possibilities in a dynamic Texas market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Penitas
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.4701
- Latitude
- 26.3371
