44015 Austen St Penitas, TX 78576
This exceptional 1-acre commercial lot presents a unique investment opportunity in the rapidly growing city of Penitas, Texas. Located at the high-traffic intersection of Mile 4 and Jarachinas Road, this property boasts unparalleled visibility and accessibility, making it ideal for a diverse range of commercial ventures. The lot's zoning allows for both commercial and residential development, offering flexibility for potential buyers. Situated in Hidalgo County, with a 78576 zip code, this property is conveniently located near key transportation routes and amenities. The area is experiencing significant growth, presenting a strong potential for future appreciation. This prime location is perfect for businesses seeking high visibility and easy access to a growing customer base. The 1-acre size provides ample space for development, allowing for the creation of a substantial commercial building or a mixed-use development. The asking price is $325,000. This is a rare opportunity to acquire a strategically located property in a thriving Texas community. Don't miss out on this chance to establish a presence in a dynamic and expanding market. The property's coordinates are 26.3012637 latitude and -98.4757314 longitude. This land offers significant potential for both short-term and long-term returns.
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
Similar Nearby for Lease
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.