2001 Us-83Penitas, TX 78576

Property Details for 2001 Us-83

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional commercial land opportunity in Penitas, Texas, presents a prime investment in a thriving community. Located at the northeast corner of US Highway 83 and Liberty Boulevard, this 0.93-acre hard corner parcel offers multiple pad sites ideal for quick-service restaurants (QSRs) and other commercial ventures. The property benefits from its strategic location between Mission and La Joya, Texas, directly adjacent to a Walmart Supercenter, ensuring high visibility and significant foot traffic. With a daily traffic count of 43,018 vehicles on US Highway 83, this location guarantees maximum exposure. The surrounding area boasts a strong retail presence, including established businesses such as Denny's, Wingstop, Subway, and McDonald's, creating a robust customer base. The property is situated within an Opportunity Zone, offering potential tax advantages. Market analysis projects a population of 20,606 residents within a 3-mile radius in 2023, with an average household income of $56,509, indicating substantial purchasing power. This property is zoned for commercial use and presents a remarkable opportunity for investors seeking high-traffic exposure and strong community growth. The site's proximity to major retailers and its location on a busy highway make it an ideal location for a variety of commercial uses. Contact us for pricing and further details.

Location Insight

City

Penitas

County

Hidalgo

State

Texas

Latitude

26.2431

Longitude

-98.4399

FAQs

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