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    Penitas, TX Restaurants for Sale

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    La Joya, TX Palmview, TX Mission, TX
    Established Restaurant in Growing Area
    $900,000
    3,182 SF
    Established Restaurant in Growing Area

    204 Tom Gill Road, Penitas, TX 78576

    Turnkey restaurant in Penitas, TX, with owner financing.
    • Turnkey restaurant operation in a fast‑growing area with strong traffic.
    • Anchored by national retailers and major brand neighbors.
    • Generous square footage for dine‑in, bar/lounge, and take‑out.
    • Ample on‑site and shared parking.
    • Located in a corridor experiencing rapid residential and commercial development.
    Updated: Mar 13
    View details
    Freestanding Sonic Investment Property
    $2,312,000
    1,227 SF
    Freestanding Sonic Investment Property

    1815 E Expressway 83, Penitas, TX 78576

    New 20-year NNN lease with rental increases in Penitas, Texas.
    • Brand new 20‑year absolute NNN lease offers a management‑free, passive investment.
    • Enjoy steadily growing NOI and inflation hedging with 7.5% rental increases every 5 years.
    • Located in a high‑traffic area near U.S. Highway 83 (55,900 VPD) and a Walmart Supercenter.
    • Brand new construction (2024) with modern amenities and design.
    • Situated in a developing fast food area with national tenants.
    Updated: Jun 10, 2025
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    Penitas Commercial Opportunity For Sale
    $270,000
    3,248 SF
    Penitas Commercial Opportunity For Sale

    Commercial property in Penitas, Texas, with high traffic location.

    2110 E Expressway 83, Penitas, TX 78516

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    Taqueria on Tom Gill Road
    $185,000
    0.50 Acres
    Taqueria on Tom Gill Road

    Turnkey taqueria with drive-thru on high-traffic Tom Gill Road.

    614 Tom Gill Road, Penitas, TX 78576

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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 4 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Commercial Property in Palmview
    $315,000
    1,830 SF
    Versatile Commercial Property in Palmview

    Commercial property with multiple income-producing opportunities in a high-traffic location.

    804 W Veterans Boulevard, Palmview, TX 78572

    View details
    Commercial Drive-Thru Convenience Store
    $155,000
    2,472 SF
    Commercial Drive-Thru Convenience Store

    Freestanding commercial drive-thru convenience store in a high-visibility location.

    100 S Minnesota Road, Mission, TX 78572

    View details
    Commercial Land in Mission, Texas
    $185,000
    0.51 Acres
    Commercial Land in Mission, Texas

    Prime commercial property in a growing area of Mission, Texas.

    1512 W Business 83 Highway, Mission, TX 78572

    View details
    Equipped Restaurant on High-Traffic Corner
    $595,000
    3,344 SF
    Equipped Restaurant on High-Traffic Corner

    Fully equipped restaurant for sale in Palmview, Texas.

    121 E Bentsen Palm Drive, Palmview, TX 78572

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Palmview Commercial Land Opportunity
    $180,000
    1.00 Acre
    Palmview Commercial Land Opportunity

    Prime commercial land near retail development and high-traffic area.

    Showers Road, Palmview, TX 78572

    View details
    Palmview Commercial Land Opportunity
    $580,000
    3.00 Acres
    Palmview Commercial Land Opportunity

    3-acre commercial tract near major retail development.

    S Showers Road S, Palmview, TX 78572

    View details
    Palmview Commercial Property For Sale
    $999,999
    3,655 SF
    Palmview Commercial Property For Sale

    Income-generating commercial property with room to grow in Palmview, TX.

    1317 W Palma Vista Drive W, Palmview, TX 78572

    View details
    Commercial Lot in Mission, TX
    $85,000
    0.24 Acres
    Commercial Lot in Mission, TX

    Prime commercial lot for sale in a growing area.

    1808-A W Griffin Parkway, Mission, TX 78572

    View details

    Off-Market Properties in Penitas, TX

    Consider similar Off-Market properties in Penitas, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    409 Tom Gill Rd
    RESTAURANT
    884 SF Lot: 1.61 Acres
    Value Estimation by Request

    409 Tom Gill Rd, Penitas, TX 78576-8615

    View details
    1108 Expy 83
    RESTAURANT
    1,188 SF Lot: 0.71 Acres
    Value Estimation by Request

    1108 Expy 83, Penitas, TX 78576

    View details
    614 Tom Gill Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    468 SF Lot: 0.51 Acres

    614 Tom Gill Rd, Penitas, TX 78576-2264

    View details
    La Fuente Dr Tom Gill Rd
    RESTAURANT
    5,299 SF Lot: 0.50 Acres
    Value Estimation by Request

    La Fuente Dr Tom Gill Rd, Penitas, TX 78576

    View details
    701 Tom Gill Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,250 SF Lot: 2.96 Acres
    Value Estimation by Request

    701 Tom Gill Rd, Penitas, TX 78576-7427

    View details
    Expy 83
    RESTAURANT
    3,248 SF Lot: 0.20 Acres
    Value Estimation by Request

    Expy 83, Penitas, TX 78576

    View details
    204 Tom Gill Rd
    RESTAURANT
    3,182 SF Lot: 0.51 Acres

    204 Tom Gill Rd, Penitas, TX 78576

    View details
    Penitas, TX 78576
    RESTAURANT
    1,868 SF Lot: 1.00 Acres
    Value Estimation by Request

    Penitas, TX 78576

    View details
    1815 Expressway 83
    Restaurants
    1,227 SF Lot: 1.05 Acres
    Value Estimation by Request

    1815 Expressway 83, Penitas, TX 78576

    View details
    1606 La Fuente Dr
    Restaurants
    Value Estimation by Request

    1606 La Fuente Dr, Penitas, TX 78576

    View details
    2101 Expressway 83
    Individual retail properties
    2,244 SF Lot: 0.83 Acres
    Value Estimation by Request

    2101 Expressway 83, Penitas, TX 78576

    View details

    Penitas, TX Restaurants Investment Opportunities Market Analysis

    Explore 15 restaurants for sale in Penitas, TX, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,657 square feet of properties for sale, with an estimated market value of $3,482,000.

    Sale prices for restaurant properties in Penitas, TX start at $270,000, averaging $1,160,666, and reaching up to $2,312,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Drive through restaurants 2
    Conventional restaurants 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +26.7%
    Median Household Income $48,205
    College Educated 8.6%

    High-Yield Neighborhoods for Investment

    Identify Penitas submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    Alamo $270K
    Penitas $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $63.66 per sq ft
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

    Average Price per SF — Residential Income

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    Most Searched ZIP Codes in Penitas, TX

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    • 78516

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