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    Penitas, TX
    Strip Mall

    Penitas, TX Strip Malls for Sale

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    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.

    Cap Rate available after sign in
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    Based on your search, we've compiled 21 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 2 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.

    Versatile Strip Center in McAllen
    Versatile Strip Center in McAllen

    2104 S. McColl Rd, Edinburg, TX 78539

    $2,950,000
    9,622 sqft 1.00 AC lot

    9,622 SF strip center suitable for various businesses.

    View details
    Brand-New Retail Plaza Suites
    Brand-New Retail Plaza Suites

    901 S Raul Longoria Rd, Edinburg, TX 78542

    $4,500,000
    19,297 sqft 1.50 AC lot

    New commercial plaza offers 20 retail suites totaling 19,297 square feet on 1.5 acres.

    View details
    10-Unit Strip Mall Portfolio
    10-Unit Strip Mall Portfolio

    2400 Brock Street, Mission, TX 78572

    $2,300,000
    23,876 sqft 1.15 AC lot

    Commercial condo portfolio within an established center, suited to professional, retail, and service-oriented operations.

    View details
    Commercial Condo Strip Center Units
    Commercial Condo Strip Center Units

    2400 Brock Street, Mission, TX 78572

    $2,300,000
    3,060 sqft

    Purchase a package of 10 retail condo units within an established Mission strip center.

    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.

    3-Acre Commercial Land
    3-Acre Commercial Land

    S Showers Road S, Palmview, TX 78572

    $475,000
    3.00 AC lot

    C1-zoned tract with flexibility for a single commercial site or division into smaller parcels.

    View details
    Corner Commercial Land
    Corner Commercial Land

    4400 S State Highway 107, Mcallen, TX 78504

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

    Three-acre parcel on the southwest corner of State Highway 107 and Bentsen Road in McAllen.

    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 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 $550K

    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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