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Expressway 83
Penitas, TX 78576
 Land For Sale · 124.00 AC

Commercial Land Properties Texas Penitas Expressway 83, Penitas, TX 78576

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Investment Highlights

  • High Traffic Expressway Frontage
  • Great Access All Around
  • Over 2,000 SF of Frontage Along the Expressway
  • Major Mixed Use Potential

Property Facts

Sale Type Investment Proposed Use
Commercial
  • Multifamily
  • Fast Food
No. Lots 1 Total Lot Size 124.00 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Commercial
Zoning Agriculture
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Fast Food
Total Lot Size 124.00 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning Agriculture

1 Lot Available

Lot

Price $11,042,200 CAD Lot Size 124.00 AC
Price Per AC $89,050.00 CAD
Price $11,042,200 CAD
Price Per AC $89,050.00 CAD
Lot Size 124.00 AC

Description

The land is situated on Expressway 83 in Penitas, TX, with approximately 2,000 SF of Frontage along the Expressway. This large tract of land offers a tremendous opportunity for a true mixed-use development. The property is located within a booming retail trade along the Expressway.

Property Taxes

Parcel Numbers
Multiple
  • H4250-01-000-0240-00
  • H4250-01-000-0221-00
  • H4250-01-000-0215-00
  • H4250-01-000-0219-00
  • H4250-01-000-0229-00
  • H4250-01-000-0228-00
  • H4250-01-000-0233-00
  • H4250-01-000-0225-01
  • H4250-01-000-0230-00
  • H4250-01-000-0218-00
  • H4250-01-000-0231-00
  • H4250-01-000-0214-08
  • H4250-01-000-0222-00
  • H4250-01-000-0211-00
  • H4250-01-000-0212-00
  • H4250-01-000-0223-00
  • H4250-01-000-0239-00
  • 10077-00-02A-0000-00
  • H4250-01-000-0220-00
  • H4250-01-000-0232-00
  • H4250-01-000-0207-06
  • H4250-01-000-0213-00
 Improvements Assessment $434,622 CAD
Land Assessment $1,585,412 CAD Total Assessment $2,020,033 CAD

Property Taxes

Parcel Numbers
Multiple
  • H4250-01-000-0240-00
  • H4250-01-000-0221-00
  • H4250-01-000-0215-00
  • H4250-01-000-0219-00
  • H4250-01-000-0229-00
  • H4250-01-000-0228-00
  • H4250-01-000-0233-00
  • H4250-01-000-0225-01
  • H4250-01-000-0230-00
  • H4250-01-000-0218-00
  • H4250-01-000-0231-00
  • H4250-01-000-0214-08
  • H4250-01-000-0222-00
  • H4250-01-000-0211-00
  • H4250-01-000-0212-00
  • H4250-01-000-0223-00
  • H4250-01-000-0239-00
  • 10077-00-02A-0000-00
  • H4250-01-000-0220-00
  • H4250-01-000-0232-00
  • H4250-01-000-0207-06
  • H4250-01-000-0213-00
Land Assessment
$1,585,412 CAD
Improvements Assessment
$434,622 CAD
Total Assessment
$2,020,033 CAD
 

  • Listing ID: 28092813

  • Date on Market: 2023-03-29

  • Last Updated:

  • Address: Expressway 83, Penitas, TX 78576

The Land Property at Expressway 83, Penitas, TX 78576 is currently available for Sale. Contact Coldwell Banker Commercial Rio Grande Valley for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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