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    Penitas, TX
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    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 Palmhurst, TX Mcallen, TX
    8 properties
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    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
    Storefront Property with Expansion Land
    Updated: Apr 7
    Storefront Property with Expansion Land

    1312 Expressway 83, Penitas, TX 78576

    $1,100,000
    6,820 sqft 1.76 AC lot
    6,820‑square‑foot commercial storefront building
    Approximately 1.76 acres including building, parking lot, and vacant expansion land
    Immediate access from eastbound Expressway 83 and Buenavista Street
    Recent uses included medical clinic, pharmacy/retail, and office/insurance
    Brick construction completed in 1983
    View details
    Tenant-Occupied Storefront Property
    Tenant-Occupied Storefront Property

    608 Tom Gill Road, Penitas, TX 78576

    $390,000
    1,600 sqft

    Existing tenancy, central air, paved parking, and accessible entry support continued commercial use.

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    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
    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.

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    Contiguous Retail Space
    Contiguous Retail Space

    1715 E Expressway 83, Penitas, TX 78576

    Contact for pricing
    4,880 sqft

    Retail units with paved access, security lighting, handicapped access, and substantial on-site parking.

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    Turn-Key Convenience Store
    Turn-Key Convenience Store

    44014 Austen Street, Penitas, TX 78576

    $325,000
    1,600 sqft

    Turn-key ready convenience store offered for sale on the northeast corner of Jarachinas Rd and Austen St.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

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    Versatile Commercial Property on Tom Gill
    Versatile Commercial Property on Tom Gill

    3429 N Tom Gill Road # 0, Penitas, TX 78576

    Contact for pricing
    2.49 AC lot

    2.49-acre commercial property with mechanic shop, car wash, inspection station.

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    Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 8 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.

    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.

    View details
    Multi-Suite Retail/Office Plaza
    Multi-Suite Retail/Office Plaza

    2210 E Expressway 83, Mission, TX 78572

    $999,000
    3,560 sqft

    Modern plaza with three distinct suites, suited for retail, office, or service uses, with parking and access to major roads.

    View details
    Four-Unit Retail Center
    Four-Unit Retail Center

    324 W Expy 83, La Joya, TX 78560

    Contact for pricing
    2,624 sqft

    Retail property with private bathrooms, dual entry doors, and covered tenant parking.

    View details
    Corner Convenience Store
    Corner Convenience Store

    1001 Leo Avenue, La Joya, TX 78560

    Contact for pricing

    Corner lot convenience store building with a former mini-mart setup, offered for sale or lease by the seller.

    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 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.

    View details
    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
    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
    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

    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

    $170,000
    Estimated value
    907 sqft 0.10 AC lot
    View details
    Washington Palm Dr
    SHOW ROOM, WAREHOUSE

    Washington Palm Dr, Penitas, TX 78576

    $380,000
    Estimated value
    9,100 sqft 1.04 AC lot
    View details
    227 Expy 83
    RETAIL STORES (PERSONAL SERVICES)

    227 Expy 83, Penitas, TX 78576

    $265,000
    Estimated value
    1,824 sqft 0.75 AC lot
    View details
    712 Expy 83
    RETAIL STORES (PERSONAL SERVICES)

    712 Expy 83, Penitas, TX 78576

    $245,000
    Estimated value
    1,598 sqft 0.18 AC lot
    View details
    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
    100 Longoria St
    RETAIL STORES (PERSONAL SERVICES)

    100 Longoria St, Penitas, TX 78576-2218

    $275,000
    Estimated value
    3,628 sqft 0.27 AC lot
    View details
    1614 Expy 83
    VEHICLE SALES, RENTALS

    1614 Expy 83, Penitas, TX 78576-2215

    $310,000
    Estimated value
    400 sqft 0.50 AC lot
    View details
    Penitas, TX 78576
    AUTO REPAIR, GARAGE

    Penitas, TX 78576

    $315,000
    Estimated value
    3,360 sqft 2.49 AC lot
    View details
    1212 Expy 83
    AUTO REPAIR, GARAGE

    1212 Expy 83, Penitas, TX 78576

    $265,000
    Estimated value
    1,312 sqft 0.18 AC lot
    View details
    3322 Tom Gill Rd
    GROCERY, SUPERMARKET

    3322 Tom Gill Rd, Penitas, TX 78576-7231

    $295,000
    Estimated value
    2,954 sqft 0.48 AC lot
    View details
    Expy 83
    AUTO REPAIR, GARAGE

    Expy 83, Penitas, TX 78576

    $275,000
    Estimated value
    5,678 sqft 0.49 AC lot
    View details
    709 Tom Gill Rd
    RETAIL STORES (PERSONAL SERVICES)

    709 Tom Gill Rd, Penitas, TX 78576-7427

    $265,000
    Estimated value
    2,180 sqft 1.28 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
    101 Main St
    SHOPPING CENTER, STRIP CENTER

    101 Main St, Penitas, TX 78576-7394

    $230,000
    Estimated value
    5,087 sqft 0.29 AC lot
    View details
    1601 Blue Bird Ave
    CONVENIENCE STORE

    1601 Blue Bird Ave, Penitas, TX 78576

    $290,000
    Estimated value
    2,941 sqft 0.62 AC lot
    View details

    Penitas, TX Retail Properties & Spaces Market Trends and Statistics

    Explore 67 retail properties & spaces for sale in Penitas, TX, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 21,000 square feet of properties for sale, with an estimated market value of $2,205,000.

    Sale prices for stores in Penitas, TX start at $325,000, averaging $551,250, 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

    Storefront properties 5
    Shopping centers 4
    Automotive properties 2
    Car washes 2
    Auto shops 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 average listing prices of real estate assets

    Neighborhood Average Price
    78576 $472.1K

    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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