00 Queen Palm Dr Penitas, TX 78576
This exceptional 1.042-acre commercial land parcel presents a unique investment opportunity in the thriving city of Penitas, Texas. Located at 00 Queen Palm Drive, this property boasts an ideal location within Hidalgo County, offering easy access to key transportation routes and amenities. The asking price is $350,000, representing a compelling value for developers and investors seeking a foothold in this dynamic market. The expansive lot size provides ample space for a variety of commercial ventures, allowing for significant flexibility in development plans. The property's address is 00 Queen Palm Drive, Penitas, TX 78576, with precise coordinates at latitude 26.328209 and longitude -98.4439463. This prime location in Penitas, coupled with the substantial lot size, makes this property an attractive proposition for those seeking to capitalize on the growth potential of this area. The property is classified as commercial land, providing a clear path for various commercial development projects. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is zoned for commercial use, making it suitable for a wide range of businesses. This presents a rare opportunity to acquire a significant land parcel in a rapidly developing area of Texas. Don't miss out on this chance to secure a prime piece of commercial real estate in Penitas.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.