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Penitas, TX

Retail

Penitas, TX Retail Space for Sale

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La Joya, TX Palmview, TX Mission, TX Edinburg, TX Sullivan City, TX Alton, TX Palmhurst, TX Mcallen, TX

High-Visibility Commercial Building For Sale

Updated: May 25

High-Visibility Commercial Building For Sale

1006 SW Expressway 83, Penitas, TX 78576

Contact for pricing

4,500 sqft

High‑visibility corner location on major traffic corridor with 21,774 VPD (2024).
4,500 SF flexible space suitable for retail, office, or service business.
Rare corner location offers dual‑market access & maximum visibility.
Bonus fenced outdoor area ideal for storage‑display.
Move‑in ready condition.

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

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Flex Space with Workshop

Flex Space with Workshop

1326 Alton Boulevard, Alton, TX 78573

$350,000

2,520 sqft 0.21 AC lot

Combined retail, office, loft, and workshop areas support varied commercial layouts.

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.

Retail Space in Alton Plaza

Retail Space in Alton Plaza

515 W Main Ave, Alton, TX 78573

Contact for pricing

7,836 sqft

Prime retail space in high-traffic Alton location.

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.

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.

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

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

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

44014 Austen St

RETAIL STORES (PERSONAL SERVICES)

44014 Austen St, Penitas, TX 78576-5032

Estimated value:

$240,000

1,600 sqft 0.83 AC lot

2200 Expy 83

RETAIL STORES (PERSONAL SERVICES)

2200 Expy 83, Penitas, TX 78576-2254

Estimated value:

$390,000

7,565 sqft 1.01 AC lot

7 Mi Line Royal Palm

RETAIL STORES (PERSONAL SERVICES)

7 Mi Line Royal Palm, Penitas, TX 78576

Estimated value:

$850,000

27,520 sqft 1.25 AC lot

2101 Expressway 83

Individual retail properties

2101 Expressway 83, Penitas, TX 78576

Estimated value:

by Request

2,244 sqft 0.83 AC lot

1913 Us-83

Individual retail properties

1913 Us-83, Penitas, TX 78576

Estimated value:

by Request

1,682 sqft 0.76 AC lot

1412 Expy 83

RETAIL STORES (PERSONAL SERVICES)

1412 Expy 83, Penitas, TX 78576

Estimated value:

$265,000

1,068 sqft 0.15 AC lot

Penitas, TX 78576

RETAIL STORES (PERSONAL SERVICES)

Penitas, TX 78576

Estimated value:

$270,000

1,200 sqft 0.51 AC lot

Penitas, TX 78576

RETAIL STORES (PERSONAL SERVICES)

Penitas, TX 78576

Estimated value:

$17,645,000

181,816 sqft 25.97 AC lot

Penitas, TX Retail Space Market Trends and Statistics

Explore 13 retail space for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale.

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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	$496.7K

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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