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2400 Expressway 83
Penitas, TX 78576
2.69 acre commercial lot · Land For Sale
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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
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 Facts
1 Lot Available
Lot
| Price | $3,112,988 CAD | Lot Size | 2.69 AC |
| Price Per AC | $1,157,244.46 CAD |
| Price | $3,112,988 CAD |
| Price Per AC | $1,157,244.46 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.
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