2400 W EXPRESSWAY 83, PENITAS, TX 78576
Homes for sale in Penitas.
Homes for sale in 78576.
List Price$2,250,000
2400 W Expressway 83
Penitas, TX 78576
Listing #505990
Commercial
Type
About This Property
This 2.69-acre commercial tract offers an exceptional opportunity for developers, investors, and end-users seeking frontage along Expressway 83, one of the Rio Grande Valley's most heavily traveled corridors. The existing improvements contribute minimal value to the property and can be easily removed, allowing for redevelopment and optimal utilization of the 2.69-acre site. Located in the fast-growing city of Penitas, TX, this site provides unmatched visibility, accessibility, and exposure with traffic counts exceeding 40,000 vehicles per day.
Property Features
Location Information
County
Hidalgo
Directions
Head W on Expy 83/W Frontage Rd E/US-83 Frontage Rd/WB U S 83 Frontage Use the right 2 lanes to turn slightly right onto E Expressway 83 (signs for Peñitas/La Joya) Make a U-turn at Cindy Ave Property will be on the right hand side.
Subdivision
La Cuchilla
Interior Features
Heating
Central
Floors
Other, Tile
Cooling
Central Air
Appliances
Electric Water Heater
Exterior Features
Construction
Aluminum Siding, Frame/Wood, Other
Parking Spaces
30
Exterior
Storage, None
Lot Description
See Remarks
Roof
Metal
Lot Size in Acres
2.69
Possession
Closing and Funding
Lot Size in Sq. Ft.
117,176
Parking Description
Enclosed, Handicap, Other, Paved
Present Use
Building Supplies, Other, Professional Service
Has Garage
Yes
Energy Features
None
Garage Spaces
30
Road Frontage
Other, Highway
Additional Information
Property Type
COM
Units in Complex
1
Property SubType
Commercial
Taxes
38157
Year Built
2004
Tax Year
2025
APN
L077500000000100
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$10,507
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$8,107
Monthly Tax
$1,875
Monthly Insurance
$525
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
Courtesy of: Omar Garza
Coldwell Banker La Mansion
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IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Greater McAllen Association of REALTORS®. The listing broker?s offer of compensation is made only to participants of the MLS where the listing is filed.
GMAR(McAllen) data last updated at June 7, 2026, 7:39 AM CT
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