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Property profile & analytics
OFF-MARKET
Land

0000 Jara Chinas Rd Penitas, TX 78576

11.44 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 11.44 ac (498,326 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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