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    Penitas, TX
    Restaurants

    Penitas, TX Restaurants for Sale

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    La Joya, TX Mission, TX Palmview, TX Edinburg, TX Sullivan City, TX Alton, TX Palmhurst, TX Mcallen, TX
    Tenant-Occupied Restaurant Building
    Updated: Aug 25
    Tenant-Occupied Restaurant Building

    608 Tom Gill Road, Penitas, TX 78576

    $390,000
    1,600 sqft 0.51 AC lot
    Tenant‑occupied restaurant property at 608 Tom Gill Road
    1,600 square feet on 0.5086 acres
    Built in 2005 with frame/wood construction
    Central electric heating and central air conditioning
    Flat metal roof
    View details
    Restaurant Building with Lounge
    Updated: Mar 13
    Restaurant Building with Lounge

    204 Tom Gill Road, Penitas, TX 78576

    $900,000
    3,182 sqft 0.51 AC lot
    3,182‑square‑foot restaurant building on 0.5071 acres
    Layout supports dine‑in, bar and lounge, and takeout service
    On‑site and shared parking available
    Built in 2000 with a flat roof
    Central air conditioning and central heating
    View details
    Commercial Building with Drive-Through
    Commercial Building with Drive-Through

    513 N Tom Gill Road, Penitas, TX 78576

    $2,250,000
    9,014 sqft

    Masonry-front commercial building plus an on-site drive-through restaurant with over 70 parking spaces on 1.6 acres.

    View details
    See what stands out in Hidalgo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Freestanding Sonic Investment Property
    Freestanding Sonic Investment Property

    1815 E Expressway 83, Penitas, TX 78576

    Contact for pricing
    1,227 sqft

    New 20-year NNN lease with rental increases in Penitas, Texas.

    View details
    Mixed-Use Restaurant and Car Wash
    Mixed-Use Restaurant and Car Wash

    1606 La Fuente Dr, Penitas, TX 78576

    Contact for pricing

    Currently leased property with on-site parking supporting its existing commercial use.

    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 5 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.

    Mixed-Use Commercial Property
    Mixed-Use Commercial Property

    804 W Veterans Boulevard, Palmview, TX 78572

    $315,000
    1,830 sqft 0.42 AC lot

    The building combines restaurant, office, salon, and gym areas.

    View details
    Freestanding Convenience Store with Drive-Through
    Freestanding Convenience Store with Drive-Through

    100 S Minnesota Road, Mission, TX 78572

    $155,000
    2,472 sqft 0.23 AC lot

    Freestanding retail building with a drive-through layout, stucco construction, and a metal roof.

    View details
    Freestanding Drive-Thru Convenience Store
    Freestanding Drive-Thru Convenience Store

    100 S Minnesota Road, Mission, TX 78572

    $155,000
    2,472 sqft

    Freestanding drive-thru convenience store with a functional layout and visibility from Expressway 83 in Mission, TX.

    View details
    Equipped Restaurant on High-Traffic Corner
    Equipped Restaurant on High-Traffic Corner

    121 E Bentsen Palm Drive, Palmview, TX 78572

    Contact for pricing
    3,344 sqft

    Fully equipped restaurant for sale in Palmview, Texas.

    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.

    Commercial Land Tract
    Commercial Land Tract

    1012 Expressway 83, La Joya, TX 78560

    $399,000
    2.00 AC lot

    Flat, chain-link fenced site with public water along Expressway 83.

    View details
    3-Acre Commercial Land
    3-Acre Commercial Land

    S Showers Road S, Palmview, TX 78572

    $475,000
    3.00 AC lot

    C1-zoned tract with flexibility for a single commercial site or division into smaller parcels.

    View details
    1-Acre Commercial Land
    1-Acre Commercial Land

    Showers Road, Palmview, TX 78572

    $180,000
    1.00 AC lot

    Commercial tract across from Cesar Chavez Middle School with proximity to the Expressway and expanding retail development.

    View details
    Commercial Land with Public Water
    Commercial Land with Public Water

    1512 W Business 83 Highway, Mission, TX 78572

    $185,000
    0.51 AC lot

    C-zoned commercial land with public water available for development planning.

    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

    409 Tom Gill Rd, Penitas, TX 78576-8615

    $265,000
    Estimated value
    884 sqft 1.61 AC lot
    View details
    1108 Expy 83
    RESTAURANT

    1108 Expy 83, Penitas, TX 78576

    $305,000
    Estimated value
    1,188 sqft 0.71 AC lot
    View details
    614 Tom Gill Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    614 Tom Gill Rd, Penitas, TX 78576-2264

    $295,000
    Estimated value
    468 sqft 0.51 AC lot
    View details
    La Fuente Dr Tom Gill Rd
    RESTAURANT

    La Fuente Dr Tom Gill Rd, Penitas, TX 78576

    $290,000
    Estimated value
    5,299 sqft 0.50 AC lot
    View details
    701 Tom Gill Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    701 Tom Gill Rd, Penitas, TX 78576-7427

    $335,000
    Estimated value
    2,250 sqft 2.96 AC lot
    View details
    Expy 83
    RESTAURANT

    Expy 83, Penitas, TX 78576

    $285,000
    Estimated value
    3,248 sqft 0.20 AC lot
    View details
    204 Tom Gill Rd
    RESTAURANT

    204 Tom Gill Rd, Penitas, TX 78576

    $270,000
    Estimated value
    3,182 sqft 0.51 AC lot
    View details
    Penitas, TX 78576
    RESTAURANT

    Penitas, TX 78576

    $270,000
    Estimated value
    1,868 sqft 1.00 AC lot
    View details
    1815 Expressway 83
    Restaurants

    1815 Expressway 83, Penitas, TX 78576

    Value Estimation by Request
    1,227 sqft 1.05 AC lot
    View details
    1606 La Fuente Dr
    Restaurants

    1606 La Fuente Dr, Penitas, TX 78576

    Value Estimation by Request
    View details
    2101 Expressway 83
    Individual retail properties

    2101 Expressway 83, Penitas, TX 78576

    Value Estimation by Request
    2,244 sqft 0.83 AC lot
    View details

    Penitas, TX Restaurants Market Trends and Statistics

    Explore 16 restaurants for sale in Penitas, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 15,023 square feet of properties for sale, with an estimated market value of $3,540,000.

    Sale prices for restaurant properties in Penitas, TX start at $390,000, averaging $1,180,000, and reaching up to $2,250,000 — 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

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Drive through restaurants 3

    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 average listing prices of real estate assets

    Neighborhood Average Price
    78576 $1.1M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Hidalgo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hidalgo County

    Retail

    Office

    Residential Income

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