44014 Austen St Penitas, TX 78576-5032
This exceptional commercial property in Penitas, Texas, presents a rare investment opportunity. Located at 44014 Austen Street, this 0.83-acre lot (36,363 sq ft) features a 3,500 sq ft building constructed in 2016. Currently operating as a successful convenience store and meat market, the property boasts ample coolers ideal for perishable goods. Its strategic location near Expressway 83 ensures high visibility and easy accessibility for customers, maximizing its commercial potential. The expansive lot provides abundant parking, accommodating current operations and offering significant room for future expansion or development. The property's existing infrastructure and prime location make it suitable for a variety of commercial ventures. The asking price is $400,000. This thriving business presents a strong return on investment, with the potential for increased revenue through expansion or diversification. The property's location in the bustling Penitas area offers significant growth opportunities. This is a turnkey operation with established clientele, ready for a new owner to capitalize on its success. The property is zoned for commercial use and is situated in Hidalgo County, Texas, zip code 78576. This is a unique opportunity to acquire a well-established commercial property with significant upside potential.
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Ria Money Transfer - La Tienda del Pueblo Bank Credit Union
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LA TIENDA DEL PUEBLO LLC Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.