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    Penitas, TX
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    Penitas, TX Storefront Properties for Sale

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    La Joya, TX Palmview, TX Mission, TX Edinburg, TX Sullivan City, TX Alton, TX Palmhurst, TX Mcallen, TX
    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
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Restaurant Building with Drive-Through
    Restaurant Building with Drive-Through

    5610 N Abram Road, Mission, TX 78574

    $275,000
    2,492 sqft 2.00 AC lot

    Indoor dining area and multiple service windows support quick-service operations.

    View details
    Expressway-Frontage Storefront Space
    Expressway-Frontage Storefront Space

    4037 W Expressway 83 #155, Mcallen, TX 78503

    $299,000
    1,744 sqft

    Shell commercial space allows a business to configure the interior for office, medical, retail, or professional use.

    View details
    Open-Layout Retail Space
    Open-Layout Retail Space

    4037 W Expressway 83 Unit 115, Mcallen, TX 78503

    $325,000
    1,869 sqft

    Retail suite in a strip center with natural light, shared parking, and flexible space for retail or service uses.

    View details
    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.

    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.

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    C3 Commercial Land with House
    C3 Commercial Land with House

    437 S Kings Drive, Mcallen, TX 78501

    $599,000
    2,546 sqft 0.46 AC lot

    C3-zoned commercial parcel with an existing house offered in AS-IS condition.

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    Commercial Land Parcel
    Commercial Land Parcel

    6703 S Jackson Road, Pharr, TX 78577

    $155,000
    0.19 AC lot

    Commercial land with public water service in an established shopping-strip setting.

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    Plaza Commercial Land
    Plaza Commercial Land

    2400 S Cage Boulevard, Pharr, TX 78577

    $180,000
    0.15 AC lot

    Commercial land within a plaza with public water service and available parking.

    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

    2101 Expressway 83, Penitas, TX 78576

    Estimated value:
    No data
    2,244 sqft 0.83 AC lot
    View details
    1913 Us-83
    Individual retail properties

    1913 Us-83, Penitas, TX 78576

    Estimated value:
    No data
    1,682 sqft 0.76 AC lot
    View details

    Penitas, TX Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $390,000.

    Sale prices for retail units in Penitas, TX average $390,000 — 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 2
    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 $470K

    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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