0 W FRONTAGE ROAD W, PENITAS, TX 78576

Homes for sale in Penitas.

Homes for sale in 78576.


0 W Frontage Road W

Penitas, TX 78576

Active

List Price$1,907,667

Listing Image Listing Image

Listing #498568

4.44

Acres

Lots / Land

Type

About This Property

Seize the opportunity to develop in the thriving City of Peñitas, Texas! This 3.65-acre property offers approximately 400 feet of Expressway 83 frontage, with over 35,000 vehicles passing daily. This bustling thoroughfare is a crucial route for commuters traveling between McAllen, Mission, Edinburg, and beyond. Just 8 miles west of Mission and 25 miles east of Rio Grande City, the property sits in the heart of a fast-growing region surrounded by new retail developments. With its prime location and high visibility, this site is ideal for a retail shopping center, restaurant, medical facility, or office complex. Don't miss out on this exceptional development opportunity in a rapidly expanding market! The lot immediately to the west, just across the access road, is also for sale. This presents a unique opportunity for buyers to purchase both properties as a package or individually, offering even more development potential in this high-traffic area.

Property Features

Location Information

County

Hidalgo

Directions

Coming from the east: Get on Expressway 83 heading west. Follow signs for Peñitas/La Joya, and the property will be to the right. (As a reference, the property is across from Zafiro Event Center) Coming from the west, Continue on Expressway 83, pass La Joya ISD Central offices, and continue for about 1.5 miles. You can use the Fresno St. Turnaround, and the property will be to your right.

Subdivision

Schunior

Interior Features

Features

None

Exterior Features

Possession

Closing and Funding

Lot Size in Acres

4.44

Septic or Sewer

MUD, Septic Tank

Lot Size in Sq. Ft.

193,405

Water

Agua SUD

Present Use

Commercial, Unimproved

Utilities

Other

Possible Best Use

Commercial

Utilities On Site

false

Road Description

Paved

Crops

None

Road Frontage

State Road

Fencing

None

School

Elementary School District

La Joya ISD

Middle School

De Zavala

Elementary School

JFK

High School

La Joya H.S.

Additional Information

Property Type

LL

Status

Active

Property SubType

Commercial

Taxes

37

APN

S22000003C000200

Tax Year

2023

Similar Listings

Mortgage Calculator

$8,908

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$6,874

Monthly Tax

$1,589

Monthly Insurance

$445

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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