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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 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
    See hot listings in Penitas

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Strip Mall for sale in Penitas, TX. Based on your search, we've also compiled 18 Potential Opportunities for your consideration: 4 properties in nearby cities and 14 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.

    7-Unit Retail Plaza
    7-Unit Retail Plaza

    220 Alton Boulevard, Alton, TX 78573

    $950,000
    6,233 sqft 0.45 AC lot

    All seven commercial units are leased, with nearby chain restaurants and shopping centers.

    View details
    Mixed-Use Plaza with Restaurant
    Mixed-Use Plaza with Restaurant

    6107 N La Homa Road, Mission, TX 78574

    $1,700,000
    11,600 sqft

    A freestanding restaurant and multi-suite retail component occupy a single commercial property in Mission.

    View details
    Shopping Center with Soccer Field
    Shopping Center with Soccer Field

    3302 E Main Avenue, Alton, TX 78573

    $400,000
    1,860 sqft

    All retail space is leased, and the rear field also generates income through tournaments.

    View details
    Strip Retail Center
    Strip Retail Center

    1600 N Conway Avenue, Mission, TX 78572

    Contact for pricing
    18,853 sqft

    Two available suites offer space for retail, office, medical, or service uses, subject to zoning.

    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

    Estimated value:
    $230,000
    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

    Estimated value:
    $235,000
    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

    Estimated value:
    $240,000
    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

    Estimated value:
    $250,000
    4,124 sqft 0.51 AC lot
    View details
    1715 Expy 83
    SHOPPING CENTER, STRIP CENTER

    1715 Expy 83, Penitas, TX 78576-6916

    Estimated value:
    $1,250,000
    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

    Estimated value:
    $260,000
    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

    Estimated value:
    $250,000
    1,600 sqft 0.51 AC lot
    View details
    Sabal Palm Dr
    SHOPPING CENTER, STRIP CENTER

    Sabal Palm Dr, Penitas, TX 78576

    Estimated value:
    $330,000
    5,480 sqft 0.75 AC lot
    View details
    200 Tom Gill Rd
    SHOPPING CENTER, STRIP CENTER

    200 Tom Gill Rd, Penitas, TX 78576

    Estimated value:
    $260,000
    4,399 sqft 0.51 AC lot
    View details
    Penitas, TX 78576
    SHOPPING CENTER, STRIP CENTER

    Penitas, TX 78576

    Estimated value:
    $300,000
    8,000 sqft 1.04 AC lot
    View details
    602 Tom Gill Rd
    SHOPPING CENTER, STRIP CENTER

    602 Tom Gill Rd, Penitas, TX 78576

    Estimated value:
    $265,000
    2,280 sqft 0.51 AC lot
    View details
    1709 Expy 83
    SHOPPING CENTER, STRIP CENTER

    1709 Expy 83, Penitas, TX 78576-8338

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

    Expy 83, Penitas, TX 78576

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

    1105 Expy 83, Penitas, TX 78576

    Estimated value:
    $280,000
    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 3
    Auto shops 1
    Automotive properties 1
    Drug stores 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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