2400 W Expressway 83 Penitas, TX ^$ 3,000,000

2400 W Expressway 83

^$ 3,000,000

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2400 W Expressway 83

Penitas, TX, 78576

^$ 3,000,000

Bedrooms-- Baths-- Sq 10,138

Monthly Estimate*

^$ 18,716

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Commercial Property for sale in Penitas, TX

for $3,000,000. This 10,138 square foot building was built in 2004 on a lot size of 2.6823.

This 2.68-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. 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.

Commercial Active

Price

^$ 3,000,000

Property Type

Commercial

Taxes

^$ 38,157

Style

Commercial

Lot Size

2.6823

Year Built

2004

Town/City

Penitas

County/Region

Hidalgo

MLS | Web ID

480794

Features

General

Living Area 10138

Heating Central

Cooling Central Air

Possession Closing and Funding

Roof Metal

Appliances Electric Water Heater

Zoning CO

Garage Spaces 30

Construction Materials Aluminum Siding Frame/Wood Other

Year Built 2004

Stories Count 2

Property Subtype Commercial

Tax Year 2025

Current Use Building Supplies Other Professional Service

County Hidalgo

Property Type Commercial Sale

HOA No

Energy Efficient None

Subdivision Name La Cuchilla

Garage Y/N Yes

Building Features Other

Status Active

Directions Head W on Expy 83/W Frontage Rd E/US-83 Frontage Rd/WB U S 83 Frontage Use the right 2 lanes to turn slightly right onto E Expressway 83 (signs for Peñitas/La Joya) Make a U-turn at Cindy Ave

City Penitas

Lot Size Units Acres

Lot Size Square Feet 116840.988

Carport Spaces 0

Carport Y/N No

Tax Annual Amount 38157

Home Warranty Y/N No

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Active

Year Built Source HCAD

Grounds None

Legal Description LA CUCHILLA LOT 1

Freehold BBO VOW IDX

Exterior

Exterior Amenities Storage None

Parking Features Enclosed Handicap Other Paved

Lot Features See Remarks

Total Parking 30

Lot Size Area 2.6823

Building Area Total 10138

Lot Size Acres 2.6823

Road Surface Type Paved Road

Covered Spaces 30

Road Frontage Type Other Highway

Irrigation Water Rights Y/N No

Interior

Flooring Other Tile

Air Conditioning Y/N Yes

Heating Y/N Yes

Retail SqFT 7428

Warehouse SqFt 7428

* Excluded Features

List By

Omar Garza

Listing Agent

Coldwell Banker La Mansion

Broker

ogarza@cblamansion.com

Affordability Calculator

$21,896

Per Month

Monthly Principal & Interest: $18,716
Monthly Property Taxes: $3,180
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Penitas, TX

Average List Price ^$1,089,487

Percent of Sale Price 64%

About Penitas, TX

4,411 Population

153% Since 2002

^$37,178 Median Income

27.22 Median Age

54% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3057399 Elementary School

3057620 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/12/2025	$3,000,000		Listed Price

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2400 W Expressway 83, Penitas, TX, 78576 is a Commercial Property for sale at $3,000,000 with 10,138 sqft and a lot size of 2.6823. 2400 W Expressway 83 was built in 2004. The property's zip code is 78576 which is in Penitas, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Greater McAllen Association of Realtors

IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Data is updated as of 12/13/2025.

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2400 W Expressway 83

Commercial Property for sale in Penitas, TX

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