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    Property profile & analytics

    227 Expy 83 Penitas, TX 78576

    • Retail space
    • 1,824 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $555,000
    Last Sale
    May 26, 2024
    Location Intelligence
    Property ID
    US82-8752433
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 227 Expy 83

    Year built
    2015
    Lot size
    0.75 lot acres
    Property size
    1,824 SF
    Property type
    Retail space
    APN
    C9250-00-001-0001-00
    APU
    C925000001000100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1856
    Latitude
    26.2065
    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
    $10,017
    $227,500
    $129,637
    $357,137
    -
    $227,500
    $129,637
    $357,137

    Comparable in this City

    • Value Estimation
      $430,000
      1,600 SF

      44014 Austen St

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      44014 Austen St, Penitas, TX 78576-5032
      View Details
    • Value Estimation
      $315,000
      3,628 SF

      100 Longoria St

      RETAIL STORES (PERSONAL SERVICES) • 3,628 SF
      100 Longoria St, Penitas, TX 78576-2218
      View Details
    • Value Estimation by Request
      181,816 SF

      Penitas, TX 78576

      RETAIL STORES (PERSONAL SERVICES) • 181,816 SF
      Penitas, TX 78576
      View Details
    • Value Estimation
      $510,000
      7,565 SF

      2200 Expy 83

      RETAIL STORES (PERSONAL SERVICES) • 7,565 SF
      2200 Expy 83, Penitas, TX 78576-2254
      View Details
    • Value Estimation
      $880,000
      27,520 SF

      7 Mi Line Royal Palm

      RETAIL STORES (PERSONAL SERVICES) • 27,520 SF
      7 Mi Line Royal Palm, Penitas, TX 78576
      View Details
    • Value Estimation
      $290,000
      1,068 SF

      1412 Expy 83

      RETAIL STORES (PERSONAL SERVICES) • 1,068 SF
      1412 Expy 83, Penitas, TX 78576
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • New
      $850 /Mo
      4,544 SF

      Retail Space in Penitas Plaza

      New retail space designed for small businesses to thrive.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • New
      $850 /Mo
      4,544 SF

      New Retail Plaza in Penitas

      Modern retail spaces designed for small businesses to thrive.
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      View Details
    • New
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      4,544 SF

      New Plaza Retail Space

      Modern retail units in Penitas, TX, designed for small businesses.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • New
      $900 /Mo
      4,544 SF

      New Plaza Retail Space Available

      Modern retail units in Penitas, TX, designed for small businesses.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • New
      $900 /Mo
      4,544 SF

      Retail Plaza in Penitas, TX

      New retail plaza designed for small business success.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • New
      $850 /Mo
      4,544 SF

      New Plaza Retail Space Available

      Bright, modern retail spaces designed for small businesses to thrive.
      17921 Coconut Palm Dr, Penitas, TX 78576
      View Details
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    227 Expy 83
    Penitas, TX 78576
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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