3429 Tom Gill Rd Penitas, TX 78576
This exceptional 2.49-acre commercial property in Penitas, Texas, presents a unique investment opportunity. Located at 3429 N Tom Gill Road #0, near Mile 3, this property boasts a prime location on a busy thoroughfare. The site includes a substantial steel warehouse, painted beige with green trim, currently operating as a thriving tire and mechanic shop. All existing tools and equipment within the warehouse are included in the sale, representing a significant added value for a prospective buyer. Further enhancing the property's versatility is an integrated vehicle inspection station and a car wash, providing multiple income streams. Built in 2008, this property offers immediate operational capabilities and significant potential for expansion or redevelopment. The seller is highly motivated to finalize a sale, making this an attractive proposition for investors seeking a turnkey commercial venture or a strategic land acquisition in a high-traffic area of Hidalgo County, Texas. The property's 2.49-acre size allows for considerable flexibility in future uses. The zip code is 78576. This is a rare opportunity to acquire a well-established commercial property with diverse income streams and significant growth potential.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.