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    Penitas, TX
    Retail

    Penitas, TX Retail Space 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
    View details
    Tenant-Occupied Storefront
    Updated: Oct 22
    Tenant-Occupied Storefront

    608 Tom Gill Road, Penitas, TX 78576

    $390,000
    1,600 sqft
    1,600‑square‑foot storefront building
    Currently occupied by a tenant
    CO zoning
    Built in 2005
    Tom Gill Road location in Penitas with access to I‑2/Expressway 83
    View details
    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.

    View details
    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
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 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.

    Shopping Center with Pylon Signage
    Shopping Center with Pylon Signage

    400 W Us Highway 83, La Joya, TX 78560

    $1,225,000
    10,800 sqft 1.11 AC lot

    Nine retail suites combine named tenants with shell and white-box spaces for future buildout.

    View details
    Freestanding Mixed-Use Property
    Freestanding Mixed-Use Property

    807 W Palma Vista Drive, Mission, TX 78572

    $389,000
    5,012 sqft 0.28 AC lot

    The single-story building includes retail areas alongside warehouse and storage space.

    View details
    Retail Space on Expressway
    Retail Space on Expressway

    121 W Expressway 83, La Joya, TX 78560

    $445,000
    2,328 sqft 0.37 AC lot

    The La Joya property includes two lots and offers commercial space for retail, office, or service businesses.

    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

    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
    View details
    712 Expy 83
    RETAIL STORES (PERSONAL SERVICES)

    712 Expy 83, Penitas, TX 78576

    Estimated value:
    $245,000
    1,598 sqft 0.18 AC lot
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    2101 Expressway 83
    Individual retail properties

    2101 Expressway 83, Penitas, TX 78576

    Estimated value: by Request
    2,244 sqft 0.83 AC lot
    View details
    1913 Us-83
    Individual retail properties

    1913 Us-83, Penitas, TX 78576

    Estimated value: by Request
    1,682 sqft 0.76 AC lot
    View details
    1412 Expy 83
    RETAIL STORES (PERSONAL SERVICES)

    1412 Expy 83, Penitas, TX 78576

    Estimated value:
    $265,000
    1,068 sqft 0.15 AC lot
    View details
    Penitas, TX 78576
    RETAIL STORES (PERSONAL SERVICES)

    Penitas, TX 78576

    Estimated value:
    $270,000
    1,200 sqft 0.51 AC lot
    View details
    Penitas, TX 78576
    RETAIL STORES (PERSONAL SERVICES)

    Penitas, TX 78576

    Estimated value:
    $17,645,000
    181,816 sqft 25.97 AC lot
    View details

    Penitas, TX Retail Space Market Trends and Statistics

    Explore 15 retail space for sale in Penitas, TX, showcased through 3 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 $1,490,000.

    Sale prices for retail space in Penitas, TX start at $390,000, averaging $745,000, 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 3
    Auto shops 1
    Automotive properties 1
    Shopping centers 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 $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

    How Realmo verifies these figures

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