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    Penitas, TX
    Strip Mall

    Penitas, TX Strip Malls for Sale

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    La Joya, TX Mission, TX Palmview, TX Sullivan City, TX Edinburg, TX Palmhurst, TX Alton, TX Mcallen, TX
    Strip Mall With Expansion Land
    Updated: Apr 7
    Strip Mall With Expansion Land

    1312 Expressway 83, Penitas, TX 78576

    $1,100,000
    6,820 sqft 1.76 AC lot
    Approximately 6,820 square feet of commercial strip building
    1.76 acres including the building and parking lot
    Recent uses included a medical clinic, pharmacy/retail, and office/insurance
    Vacant land remains for expansion or retail subdivision
    Immediate access from eastbound Expressway 83 and Buenavista Street
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    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 23 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

    Retail Storefront in Strip Center
    Retail Storefront in Strip Center

    115-4037 W Expressway 83, Mcallen, TX 78503

    $325,000
    1,869 sqft

    Storefront space with an open layout, ample natural light, and convenient access to ample parking.

    View details
    Retail Strip Center with Available Suites
    Retail Strip Center with Available Suites

    1600 Conway Avenue, Mission, TX 78572

    Contact for pricing
    18,853 sqft

    Established center offers paved access, on-site parking, and multiple available suites for commercial users.

    View details
    Retail Space in Bustling Center
    Retail Space in Bustling Center

    4037 W. Expressway 83 #120, Mcallen, TX 78503

    $375,000
    1 sqft

    1,869 sqft retail space in a thriving commercial hub.

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    Retail Plaza with Five Units
    Retail Plaza with Five Units

    2908 W Mile 5 Road, Mission, TX 78574

    $1,150,000
    3,400 sqft

    New retail plaza featuring five open-concept units, each with its own bathroom, plus ample parking for tenants and customers.

    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.

    Divisible C1 Commercial Land Tract
    Divisible C1 Commercial Land Tract

    S Showers Road S, Palmview, TX 78572

    $475,000
    3.00 AC lot

    3-acre C1 tract divisible to 1-acre parcels, positioned across from a middle school for strong visibility.

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    Corner Lot Commercial Land
    Corner Lot Commercial Land

    4400 S State Highway 107, Mcallen, TX 78504

    $1,200,000
    3,546 sqft 3.33 AC lot

    Corner lot with motorized gate access and sprinkler system, zoned R for potential development in McAllen.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    1610 Lot 2 E Ridge Road, Pharr, TX 78577

    Contact for pricing

    High-visibility land ideal for various commercial developments.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    1 East Ridge Road, Pharr, TX 78577

    $977,717
    36,894 sqft 0.85 AC lot

    High-visibility land ideal for various commercial developments.

    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.

    101 Main St
    SHOPPING CENTER, STRIP CENTER

    101 Main St, Penitas, TX 78576-7394

    Value Estimation by Request
    5,087 sqft 0.29 AC lot
    View details
    512 Tom Gill Rd
    SHOPPING CENTER, STRIP CENTER

    512 Tom Gill Rd, Penitas, TX 78576-2240

    Value Estimation by Request
    5,542 sqft 0.51 AC lot
    View details
    503 Tom Gill Rd
    SHOPPING CENTER, STRIP CENTER

    503 Tom Gill Rd, Penitas, TX 78576-2250

    Value Estimation by Request
    1,820 sqft 0.50 AC lot
    View details
    518 Tom Gill Rd
    SHOPPING CENTER, STRIP CENTER

    518 Tom Gill Rd, Penitas, TX 78576-2255

    Value Estimation by Request
    4,124 sqft 0.51 AC lot
    View details
    1715 Expy 83
    SHOPPING CENTER, STRIP CENTER

    1715 Expy 83, Penitas, TX 78576-6916

    $1,250,000
    Estimated value
    30,942 sqft 3.82 AC lot
    View details
    17523 Sabal Palm Dr
    SHOPPING CENTER, STRIP CENTER

    17523 Sabal Palm Dr, Penitas, TX 78576-8252

    Value Estimation by Request
    5,320 sqft 0.74 AC lot
    View details
    608 Tom Gill Rd
    SHOPPING CENTER, STRIP CENTER

    608 Tom Gill Rd, Penitas, TX 78576-2264

    Value Estimation by Request
    1,600 sqft 0.51 AC lot
    View details
    Sabal Palm Dr
    SHOPPING CENTER, STRIP CENTER

    Sabal Palm Dr, Penitas, TX 78576

    Value Estimation by Request
    5,480 sqft 0.75 AC lot
    View details
    200 Tom Gill Rd
    SHOPPING CENTER, STRIP CENTER

    200 Tom Gill Rd, Penitas, TX 78576

    Value Estimation by Request
    4,399 sqft 0.51 AC lot
    View details
    Penitas, TX 78576
    SHOPPING CENTER, STRIP CENTER

    Penitas, TX 78576

    Value Estimation by Request
    8,000 sqft 1.04 AC lot
    View details
    602 Tom Gill Rd
    SHOPPING CENTER, STRIP CENTER

    602 Tom Gill Rd, Penitas, TX 78576

    Value Estimation by Request
    2,280 sqft 0.51 AC lot
    View details
    1709 Expy 83
    SHOPPING CENTER, STRIP CENTER

    1709 Expy 83, Penitas, TX 78576-8338

    $1,110,000
    Estimated value
    20,980 sqft 2.11 AC lot
    View details
    Expy 83
    SHOPPING CENTER, STRIP CENTER

    Expy 83, Penitas, TX 78576

    $875,000
    Estimated value
    6,820 sqft 1.76 AC lot
    View details
    1105 Expy 83
    SHOPPING CENTER, STRIP CENTER

    1105 Expy 83, Penitas, TX 78576

    Value Estimation by Request
    2,836 sqft 0.70 AC lot
    View details

    Penitas, TX Strip Malls Market Trends and Statistics

    Explore 15 strip malls for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 6,820 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for retail strips in Penitas, TX average $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 8
    Shopping centers 3
    Auto shops 1
    Automotive properties 1
    Car washes 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

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