0 Frontage Rd Citrus City, TX 78576
Exceptional development opportunity awaits in the rapidly growing city of Penitas, Texas. This 4.44-acre commercial lot boasts approximately 400 feet of frontage on Expressway 83, a major thoroughfare with over 35,000 vehicles passing daily. Strategically located just 8 miles west of Mission and 25 miles east of Rio Grande City, this high-visibility site is perfectly positioned to capitalize on the region's robust growth. The property's ideal location makes it suitable for a variety of uses, including retail shopping centers, restaurants, medical facilities, or office complexes. Surrounded by new retail developments, this land offers unparalleled access to a large and growing consumer base. The adjacent lot to the west is also available for purchase, presenting a unique opportunity to acquire a larger parcel for even greater development potential. This prime commercial land offers significant returns in a thriving market. The property is located at 0 W Frontage Road W, Penitas, TX 78576, in Hidalgo County. This is a rare chance to secure a prominent location in a high-traffic area with excellent visibility and accessibility. Don't miss this chance to invest in a dynamic and expanding market.
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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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.