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Penitas, TX

Retail

Penitas, TX Retail Properties & Spaces for Sale

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La Joya, TX Mission, TX Palmview, TX Edinburg, TX Sullivan City, TX Alton, TX Mcallen, TX Los Ebanos, TX

Brick Strip Retail Building

Updated: Sep 24

Brick Strip Retail Building

1312 Expressway 83, Penitas, TX 78576

$1,100,000

6,820 sqft 1.76 AC lot

Approximately 6,820 square feet of commercial building area
1.76‑acre property with vacant land beyond the building and parking area
Access from eastbound Expressway 83 and Buenavista Street
Recent uses included medical clinic, pharmacy and retail, and office and insurance space
Brick construction with tile and flat roof sections

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

Auto Care Center with Workshops

Auto Care Center with Workshops

1501 Expressway 83, Penitas, TX 78576

$650,000

0.50 AC lot

A largely paved site combines an auto care facility with several workshop areas and additional parking space.

See hot listings in Penitas

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

High-Visibility Commercial Building For Sale

High-Visibility Commercial Building For Sale

1006 SW Expressway 83, Penitas, TX 78576

Contact for pricing

4,500 sqft

4,500 SF commercial building on a high-traffic corner.

Based on your search, we've compiled 71 Potential Opportunities for your consideration. Besides 4 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

Freestanding Flex Space

Freestanding Flex Space

807 W Palma Vista Drive, Mission, TX 78572

$389,000

5,012 sqft 0.28 AC lot

One-story freestanding building with prior restaurant and retail use along the I-2 frontage road.

Expressway Flex Space with Workshop

Expressway Flex Space with Workshop

7710 W Expressway 83, Mission, TX 78572

$350,000

1,800 sqft 0.50 AC lot

Two-building commercial property with a front office area and rear workshop configuration.

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.

Grocery and Convenience Store

Grocery and Convenience Store

904 W US Highway Business 83, Mission, TX 78572

$400,000

1,823 sqft 0.49 AC lot

Retail building with stucco construction, a metal roof, and direct placement along US Highway Business 83.

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 Near Schools

Commercial Land Near Schools

S Expressway 83, La Joya, TX 78560

$159,999

1.44 AC lot

The site offers cross-access through an adjacent parking lot and sits within an established school-centered commercial area.

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.

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.

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.

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.

2000 Expy 83

AUTO REPAIR, GARAGE

2000 Expy 83, Penitas, TX 78576-2235

Estimated value:

$170,000

907 sqft 0.10 AC lot

Washington Palm Dr

SHOW ROOM, WAREHOUSE

Washington Palm Dr, Penitas, TX 78576

Estimated value:

$380,000

9,100 sqft 1.04 AC lot

227 Expy 83

RETAIL STORES (PERSONAL SERVICES)

227 Expy 83, Penitas, TX 78576

Estimated value:

$265,000

1,824 sqft 0.75 AC lot

712 Expy 83

RETAIL STORES (PERSONAL SERVICES)

712 Expy 83, Penitas, TX 78576

Estimated value:

$245,000

1,598 sqft 0.18 AC lot

409 Tom Gill Rd

RESTAURANT

409 Tom Gill Rd, Penitas, TX 78576-8615

Estimated value:

$265,000

884 sqft 1.61 AC lot

100 Longoria St

RETAIL STORES (PERSONAL SERVICES)

100 Longoria St, Penitas, TX 78576-2218

Estimated value:

$275,000

3,628 sqft 0.27 AC lot

1614 Expy 83

VEHICLE SALES, RENTALS

1614 Expy 83, Penitas, TX 78576-2215

Estimated value:

$310,000

400 sqft 0.50 AC lot

Penitas, TX 78576

AUTO REPAIR, GARAGE

Penitas, TX 78576

Estimated value:

$315,000

3,360 sqft 2.49 AC lot

1212 Expy 83

AUTO REPAIR, GARAGE

1212 Expy 83, Penitas, TX 78576

Estimated value:

$265,000

1,312 sqft 0.18 AC lot

3322 Tom Gill Rd

GROCERY, SUPERMARKET

3322 Tom Gill Rd, Penitas, TX 78576-7231

Estimated value:

$295,000

2,954 sqft 0.48 AC lot

Expy 83

AUTO REPAIR, GARAGE

Expy 83, Penitas, TX 78576

Estimated value:

$275,000

5,678 sqft 0.49 AC lot

709 Tom Gill Rd

RETAIL STORES (PERSONAL SERVICES)

709 Tom Gill Rd, Penitas, TX 78576-7427

Estimated value:

$265,000

2,180 sqft 1.28 AC lot

1108 Expy 83

RESTAURANT

1108 Expy 83, Penitas, TX 78576

Estimated value:

$305,000

1,188 sqft 0.71 AC lot

614 Tom Gill Rd

DRIVE-THRU RESTAURANT, FAST FOOD

614 Tom Gill Rd, Penitas, TX 78576-2264

Estimated value:

$295,000

468 sqft 0.51 AC lot

101 Main St

SHOPPING CENTER, STRIP CENTER

101 Main St, Penitas, TX 78576-7394

Estimated value:

$230,000

5,087 sqft 0.29 AC lot

1601 Blue Bird Ave

CONVENIENCE STORE

1601 Blue Bird Ave, Penitas, TX 78576

Estimated value:

$290,000

2,941 sqft 0.62 AC lot

La Fuente Dr Tom Gill Rd

RESTAURANT

La Fuente Dr Tom Gill Rd, Penitas, TX 78576

Estimated value:

$290,000

5,299 sqft 0.50 AC lot

512 Tom Gill Rd

SHOPPING CENTER, STRIP CENTER

512 Tom Gill Rd, Penitas, TX 78576-2240

Estimated value:

$235,000

5,542 sqft 0.51 AC lot

701 Tom Gill Rd

DRIVE-THRU RESTAURANT, FAST FOOD

701 Tom Gill Rd, Penitas, TX 78576-7427

Estimated value:

$335,000

2,250 sqft 2.96 AC lot

503 Tom Gill Rd

SHOPPING CENTER, STRIP CENTER

503 Tom Gill Rd, Penitas, TX 78576-2250

Estimated value:

$240,000

1,820 sqft 0.50 AC lot

Penitas, TX Retail Properties & Spaces Market Trends and Statistics

Explore 63 retail properties & spaces for sale in Penitas, TX, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,920 square feet of properties for sale, with an estimated market value of $2,140,000.

Sale prices for stores in Penitas, TX start at $390,000, averaging $713,333, and reaching up to $1,100,000 — 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

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	$745K

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

How Realmo verifies these figures

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