1519 White Rock Ave Penitas, TX 78576
This exceptional commercial property in Penitas, Texas, presents a remarkable investment opportunity. The 23,078 square foot lot, built in 2010, boasts a prime location just 1.1 miles from the expressway, ensuring high visibility and accessibility. The property features a spacious drive-in area, ideal for convenient customer access. A significant asset is the inclusion of a five-door retail refrigerator, perfect for various commercial applications. Adding to the property's versatility is a private 116x90 square foot office, situated in the front left corner of the building, providing ample space for administrative functions. The property benefits from its proximity to a thriving shopping center, numerous restaurants, and local gas stations, ensuring a steady flow of potential customers. This location is experiencing increased traffic, making it an attractive investment for businesses seeking high visibility and convenient access for their clientele. The property is situated at 1519 White Rock Avenue, Penitas, TX 78576, in Hidalgo County. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing area. The asking price is $219,900.
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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Risks
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