Log In/Sign Up
Your email has been sent.
2400 Expressway 83
Penitas, TX 78576
2.69 acre commercial lot · Land For Sale
·
2.69 AC
INVESTMENT HIGHLIGHTS
- Direct frontage on Expressway 83 with excellent visibility
- High-growth trade area (Penitas/Mission/Palmview/La Joya corridor)
- Excellent opportunity for developers, investors, or owner-users
- Ideal for c-store, retail, restaurant, medical, office, or automotive development
- Surrounded by national retailers, local businesses, and expanding residential communities
EXECUTIVE SUMMARY
Take advantage of this rare opportunity to own 2.69 acres of prime commercial land along one of the Rio Grande Valley’s busiest highways. Located directly on Expressway 83 in Penitas, TX, this property offers unmatched visibility, accessibility, and traffic exposure with more than 40,000 vehicles passing daily. Positioned in the fast-growing Mission–Palmview–La Joya corridor, the site is surrounded by established retailers, restaurants, schools, and residential neighborhoods. The area continues to see rapid population growth, creating strong demand for retail, dining, medical, and service-oriented businesses. Whether you’re a developer, or investor, this property delivers the fundamentals you need.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $4,130,340 CAD | Lot Size | 2.69 AC |
| Price Per AC | $1,535,442.42 CAD |
| Price | $4,130,340 CAD |
| Price Per AC | $1,535,442.42 CAD |
| Lot Size | 2.69 AC |
Property sits along Expressway 83 in Penitas, Texas, the main east–west route through the Rio Grande Valley with traffic counts over 40,000 vehicles daily. Surrounded by national retailers, restaurants, and growing residential neighborhoods.
DESCRIPTION
The property sits along Expressway 83 in Penitas, Texas, the main east–west route through the Rio Grande Valley with traffic counts over 40,000 vehicles daily. Surrounded by national retailers, restaurants, and growing residential neighborhoods, the site benefits from strong visibility and high demand for retail, dining, medical, and service uses. Its prime location and expanding trade area make it an excellent opportunity for commercial development.
PROPERTY TAXES
| Parcel Number | L0775-00-000-0001-00 | Improvements Assessment | $762,676 CAD |
| Land Assessment | $1,340,721 CAD | Total Assessment | $2,103,396 CAD |
PROPERTY TAXES
Parcel Number
L0775-00-000-0001-00
Land Assessment
$1,340,721 CAD
Improvements Assessment
$762,676 CAD
Total Assessment
$2,103,396 CAD
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
