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    Penitas, TX
    Storefront

    Penitas, TX Storefront Properties 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
    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
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    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
    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
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    Local Demand available after sign in
    2 active listings match your search: Storefront for sale in Penitas, TX. Based on your search, we've also compiled 10 Potential Opportunities for your consideration: 4 properties in nearby cities, 2 off-market properties to explore as potential leads, and 4 land listings with development potential.

    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
    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
    Retail Property on US Highway
    Retail Property on US Highway

    705 E. Expressway 83, La Joya, TX 78560

    $660,000
    7,848 sqft

    Former Dollar Store property near schools, shopping, and dining.

    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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    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.

    View details
    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
    Redevelopment Land with Drive-Through Potential
    Redevelopment Land with Drive-Through Potential

    1220 E Alan Street, Pharr, TX 78577

    $409,999
    0.41 AC lot

    0.41-acre corner lot offers a redevelopment site for drive-through retail or restaurant near an expressway.

    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: 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

    Penitas, TX Storefront Properties Market Trends and Statistics

    Explore 4 storefront properties for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $780,000.

    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 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 $390K

    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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