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    18024 Queen Palm Dr Penitas, TX 78576-8588
    Property profile & analytics

    18024 Queen Palm Dr, Penitas, TX 78576-8588

    View on Map

    • Warehouses
    • 8,000 SF
    • 1.50 lot acres
    Off-Market
    Last Sale Jan 31, 2020
    Property ID
    US82-2563103
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 18024 Queen Palm Dr

    Year built
    2008
    Lot size
    1.50 lot acres
    Zone code
    RS
    Property type
    Warehouses
    APN
    P9279-01-000-0017-00
    APU
    P927901000001700

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 31, 2020 — 18024 Queen Palm LLC Del Norte Properties LLC Warranty Deed —
    Jan 28, 2020 — Del Norte Properties LLC Cecilia G Mendez Warranty Deed · related —
    Apr 27, 2017 — Edgar I Martinez Jgf Investment Co Ltd Grant Deed $22k · Jgf Investment Co Ltd
    May 22, 2015 — Cecilia G Mendez Rojas Jose Warranty Deed $80k · Chia Land Co
    Mar 6, 2014 — Jose Rojas Hernandez,debanhi Warranty Deed —
    Jun 29, 2004 — Heron Hernandez JR. All Star Land Co Ltd Grant Deed $17k · All Star Land Co Ltd
    Jun 2, 2004 $14,205 All Star Land Co Ltd Crook David Trustees Deed —
    — — Jose Rojas — Deed Of Trust · related $80k · Chia Land Co

    Description

    This exceptional 11,760 square foot property, built in 2008, presents a unique investment opportunity in Penitas, Texas. Situated on a 1.5-acre lot, this versatile space combines executive office space with substantial warehouse capabilities, making it ideal for a variety of businesses. The property features two warehouses, perfectly suited for trucking companies and distributors, offering privacy with a fenced perimeter and convenient access to Mile 7. A loading dock and multiple metal curtains ensure efficient product handling and access to various stations. The warehouse also includes an upstairs bedroom with a full bath overlooking the entire floor, providing additional space and convenience. The property boasts both private and public bathrooms, and is currently used for storage. The property's location in Hidalgo County, Texas, zip code 78576, offers easy access to major transportation routes. This is a prime opportunity to acquire a well-maintained, functional property with significant potential for growth and expansion. The asking price is $510,000. The property's address is 18024 Queen Palm, Penitas, TX 78576.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $325,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $488,000
      Market price range: $294k - $967k
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $640,000
      Current use
      MEDICAL BUILDING
      $790,000
      Change: +23% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $630,000
      Change: -2% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4422
    Latitude
    26.3361
    CBSA code
    32580
    CBSA name
    MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $6,355
    $137,309
    $155,060
    $292,369
    -
    $137,309
    $155,060
    $292,369
    More about this property
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