0 Expressway 83 La Joya, TX 78576
This exceptional 1.01-acre commercial lot, situated on SE Expressway 83 in Penitas, Texas, presents a remarkable investment opportunity. Boasting excellent visibility and accessibility from Expressway 83, this property offers significant potential for various commercial ventures. The lot features approximately 100 feet of frontage along Expressway 83 and a depth of roughly 445 feet, encompassing 43,995.6 square feet (Lot 4 of Aguilar Phase 1). Its strategic location benefits from the City of Penitas' planned extension of 23rd Street along the west side, creating a highly desirable hard corner with access from both the north and west. The property's prime location is further enhanced by its proximity to a recently opened Denny's and a new Walmart Supercenter, surrounded by other national retailers. This makes it ideal for a single-tenant or multi-tenant restaurant or retail development. The high traffic count and visibility make this a strong contender for businesses seeking a prominent presence in a rapidly growing area. The asking price is $415,000. This property is zoned for commercial use and is ready for immediate development. Don't miss this chance to secure a piece of prime commercial real estate in Hidalgo County, Texas, zip code 78576.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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