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Expressway 83
Penitas, TX 78576

Land For Sale · 124.00 AC

Commercial Land Texas Penitas Expressway 83, Penitas, TX 78576

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
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.

1 Lot Available

Lot

Price $11,558,604 CAD Lot Size 124.00 AC
Price Per AC $93,215 CAD
Price $11,558,604 CAD
Price Per AC $93,215 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
  • H4250-01-000-0132-10
  • H4250-01-000-0215-00
  • H4250-01-000-0219-00
  • H4250-01-000-0221-00
  • H4250-01-000-0240-00
  • H4250-01-000-0225-01
  • H4250-01-000-0228-00
  • H4250-01-000-0230-00
  • H4250-01-000-0233-00
  • H4250-01-000-0218-00
  • H4250-01-000-0214-08
  • H4250-01-000-0222-00
  • H4250-01-000-0231-00
  • H4250-01-000-0223-00
  • H4250-01-000-0211-00
  • H4250-01-000-0212-00
  • 10077-00-02A-0000-00
  • H4250-01-000-0232-00
  • H4250-01-000-0239-01
  • H4250-01-000-0213-00
  • H4250-01-000-0220-00
  • H4250-01-000-0207-06
 Improvements Assessment $18,876 CAD
Land Assessment $1,596,845 CAD Total Assessment $1,615,721 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • H4250-01-000-0132-10
  • H4250-01-000-0215-00
  • H4250-01-000-0219-00
  • H4250-01-000-0221-00
  • H4250-01-000-0240-00
  • H4250-01-000-0225-01
  • H4250-01-000-0228-00
  • H4250-01-000-0230-00
  • H4250-01-000-0233-00
  • H4250-01-000-0218-00
  • H4250-01-000-0214-08
  • H4250-01-000-0222-00
  • H4250-01-000-0231-00
  • H4250-01-000-0223-00
  • H4250-01-000-0211-00
  • H4250-01-000-0212-00
  • 10077-00-02A-0000-00
  • H4250-01-000-0232-00
  • H4250-01-000-0239-01
  • H4250-01-000-0213-00
  • H4250-01-000-0220-00
  • H4250-01-000-0207-06
Land Assessment
$1,596,845 CAD
Improvements Assessment
$18,876 CAD
Total Assessment
$1,615,721 CAD

zoning

Zoning Code Agriculture
Agriculture
 

  • 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.

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