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US Highway 83 72.61 Acres of Commercial Land Offered at $12,125,188 CAD in Penitas, TX 78576

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Investment Highlights

Prime frontage along US Highway 83 with excellent visibility and exposure.
Convenient access to Mission, Peñitas, La Joya, and surrounding markets.

High-traffic corridor connecting communities throughout the Rio Grande Valley.
Strong visibility for commercial, retail, service, or development opportunities.

Executive Summary

Call Listing Office for more information

MOSARR Property Brochure

Property Facts

Price	$12,125,188 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Retail
No. Lots	1	Total Lot Size	72.61 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.

Price	$12,125,188 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail
Total Lot Size	72.61 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.

1 Lot Available

Lot

Price	$12,125,188 CAD	Lot Size	72.61 AC
Price Per AC	$166,990.60 CAD

Price	$12,125,188 CAD
Price Per AC	$166,990.60 CAD
Lot Size	72.61 AC

Prime commercial frontage located on NW Corner of the fastest growth corridor in West Hidalgo County. Excellent demographics in one of the premier and largest independent school districts. The area is in the National Opportunity Zone.

Description

This intersection will be linked to the major US-MX International Crossings. This area is designated a TIRZ by Hidalgo County Regional Mobility Authority. The City of Penitas has designated this area as part of a master plan that will be the next major retail center in South Texas. Construction for the new North – South thoroughfare has commenced. Price to sell quick.

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