2400 Expressway 83
- Direct frontage on Expressway 83 with excellent visibility
- High-growth trade area (Penitas/Mission/Palmview/La Joya corridor)
- Ideal for c-store, retail, restaurant, medical, office, or automotive development
- Surrounded by national retailers, local businesses, and expanding residential communities
- Excellent opportunity for developers, investors, or owner-users
Property Description
Take advantage of this rare opportunity to own 2.69 acres of prime commercial land along one of the Rio Grande Valley’s busiest highways. Located directly on Expressway 83 in Penitas, TX, this property offers unmatched visibility, accessibility, and traffic exposure with more than 40,000 vehicles passing daily. Positioned in the fast-growing Mission–Palmview–La Joya corridor, the site is surrounded by established retailers, restaurants, schools, and residential neighborhoods. The area continues to see rapid population growth, creating strong demand for retail, dining, medical, and service-oriented businesses. Whether you’re a developer, or investor, this property delivers the fundamentals you need
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $2,250,000 |
| Year Built: | 2004 |
| Lot Size: | 2.69 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout