17922 COCONUT PALM DRIVE, PENITAS, TX 78576
Homes for sale in Edinburg.
Homes for sale in 78539.
17922 Coconut Palm Drive
Penitas, TX 78576
List Price$500,000
Listing #451593
3,360
Square Feet
Commercial
Type
About This Property
This sounds like a promising investment opportunity! The fact that the buildings are located on a busy road like Mile 7 is a significant advantage, as it can attract foot traffic and visibility. Here are some points to consider: Location: Being on a corner lot with high visibility can enhance customer access and attract more visitors. Previous Uses: The prior uses as a drive-thru store and bakery could indicate a demand for food or retail services in the area. You could potentially revive these concepts or pivot to something new. Flexibility: With the buildings currently vacant, you have the freedom to develop them according to market needs. This could be an opportunity for a café, a convenience store, or other retail ventures. Parking: Ample parking is a big plus, especially for businesses expecting higher foot traffic. If you have any specific questions or need more detailed advice about this opportunity, feel free to ask!
Property Features
Location Information
County
Hidalgo
Directions
Take TX-107 W/W State Hwy 107 and Mile 7 Rd until you reach Sabal Palm Dr. The property is between Sabal Palm Dr and Coconut Palm Dr right in front of Dr. Javier Saenz Middle School
Subdivision
Pueblo De Palmas Ph 1 & 2
Interior Features
Heating
Other HVAC
Floors
Concrete, Tile
Cooling
Other HVAC
Appliances
Water Heater (Other)
Exterior Features
Construction
Other
Lot Size in Acres
0.751
Roof
Other
Lot Size in Sq. Ft.
32,700
Possession
Closing and Funding
Present Use
Other
Parking Description
Paved
Zoning
CO
Has Garage
Yes
Building Total Area (Sq. Ft.)
1,500
Garage Spaces
16
Energy Features
None
Parking Spaces
16
Road Frontage
City Street
Lot Description
See Remarks
Additional Information
Property Type
COM
Units in Complex
2
Property SubType
Commercial
Taxes
4406
Year Built
2005
Tax Year
2024
APN
P927702000011100
Square Feet Source
HidalgoCAD
Status
Active
Mortgage Calculator
$2,333
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,801
Monthly Tax
$416
Monthly Insurance
$116
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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