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    Penitas, TX Storefront Properties for Sale

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    La Joya, TX Palmview, TX Mission, TX
    Penitas Retail Property For Sale
    $150,000
    1,200 SF
    Penitas Retail Property For Sale

    38807 W Mile 7 Road, Penitas, TX 78576

    Retail property with high visibility and strong traffic.
    • Prime location directly across from Junior’s Supermarket with 100+ ft of 7 Mile Rd frontage.
    • High visibility and strong traffic flow.
    • Includes a 1,200 sq ft retail building.
    • Over half an acre of land.
    • Convenient access to Expressway 83 (10 minutes via Tom Gill Rd).
    Updated: Apr 7, 2024
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Calle 5 Food Truck Park
    $425,000
    832 SF
    Calle 5 Food Truck Park

    Food truck park with retail and entertainment potential.

    2508 E Main Avenue, Alton, TX 78573

    View details
    Palmview Commercial Property For Sale
    $999,999
    3,655 SF
    Palmview Commercial Property For Sale

    Income-generating commercial property with room to grow in Palmview, TX.

    1317 W Palma Vista Drive W, Palmview, TX 78572

    View details
    Palmview Commercial Property on Corner Lot
    $450,000
    2,544 SF
    Palmview Commercial Property on Corner Lot

    Large corner lot with high visibility and traffic for business.

    4500 W Expressway 83, Palmview, TX 78572

    View details
    8,000 SF Retail Building
    $972,000
    8,000 SF Retail Building

    Freestanding retail building in Alton, Texas, with high visibility.

    622 Alton Blvd, Alton, TX 78573

    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.

    La Joya Commercial Lot
    $159,999
    1.44 Acres
    La Joya Commercial Lot

    High-visibility commercial lot near schools in La Joya, TX.

    S Expressway 83, La Joya, TX 78560

    View details
    Prime Commercial Lot in McAllen
    $599,000
    2,546 SF
    Prime Commercial Lot in McAllen

    C-3 zoned commercial lot near McAllen Convention Center.

    437 S King Highway, Mcallen, TX 78501

    View details
    Downtown McAllen Development Opportunity
    $195,000
    0.22 Acres
    Downtown McAllen Development Opportunity

    9,500 sq. ft. lot in McAllen's dynamic downtown district.

    801 17 1/2 Street, Mcallen, TX 78501

    View details
    Commercial Lot in High-Traffic Area
    $180,000
    0.15 Acres
    Commercial Lot in High-Traffic Area

    0.15-acre commercial lot in a high-traffic location.

    2400 S Cage Boulevard, Pharr, TX 78577

    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.

    2101 Expressway 83
    Individual retail properties
    2,244 SF Lot: 0.83 Acres
    Value Estimation by Request

    2101 Expressway 83, Penitas, TX 78576

    View details
    1913 Us-83
    Individual retail properties
    1,682 SF Lot: 0.76 Acres
    Value Estimation by Request

    1913 Us-83, Penitas, TX 78576

    View details

    Penitas, TX Storefront Properties Investment Opportunities Market Analysis

    Explore 3 storefront properties for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 1,200 square feet of properties for sale, with an estimated market value of $150,000.

    Sale prices for retail units in Penitas, TX start at $150,000, averaging $150,000, and reaching up to $150,000 — 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

    Auto shops 2
    Automotive properties 2
    Storefront properties 2
    Car washes 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 median listing prices of real estate assets

    Neighborhood Average Price
    78576 $150K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

    Average Price per SF — Residential Income

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