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Property profile & analytics
OFF-MARKET
Land

101 Buena Vis St Penitas, TX 78576

Built 2009
Property ID
Property summary
AI-generated overview

This exceptional commercial land opportunity in Penitas, Texas, presents a compelling investment prospect. Located at 101 Buena Vista Street, this 17,056.789 square foot lot offers significant potential for various commercial ventures. Built in 2009, the property includes approximately 5,000 square feet of existing rental space, with half currently leased, providing immediate rental income. The remaining space features multiple offices, ready for immediate occupancy or customization to suit your business needs. A substantial 7,300 square foot parking lot ensures ample space for clients and employees. The property benefits from a highly visible location with convenient access to the expressway, making it ideal for businesses seeking high traffic exposure in the rapidly developing Penitas/La Joya area. The asking price is $650,000. This property is zoned for commercial use and offers a unique blend of existing income and development potential. The property's strategic location and existing infrastructure make it an attractive investment for both established businesses and forward-thinking entrepreneurs seeking a foothold in this thriving Texas market. The Hidalgo County location and 78576 zip code offer easy access to regional transportation networks. This is a rare opportunity to acquire a well-positioned commercial property with immediate income potential and significant upside.

Property profile
Verified
Property type Land
Year built 2009
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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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