$1,675,000

Estimated payment $10,703/month

Total Views 2,362
5.18 Acres
$323,359 Price per Acre
225,641 Sq Ft Lot

About This Lot

Discover a lucrative investment opportunity at this income-producing property conveniently located near the expressway and the upcoming loop in Penitas. Spanning 4,288 sqft on a spacious 5-acre lot, this business office offers a reception area, conference room, and six offices. With 379 ft of frontage, a 40-car parking lot, and an electric gate, it ensures both visibility and security. Whether you envision a storage facility or brokerage firm headquarters, this property holds significant commercial and development potential.

Embrace the possibilities and seize this chance for financial success! Don't miss out on this prime location with endless opportunities. Explore the potential of this remarkable property and take a step closer to making your entrepreneurial dreams a reality.

Listing Agent

Gregory Vasquez

Big Realty Listed on: 08/28/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,715

Lot Details

  • 5.18 Acre Lot
  • Property fronts a highway
  • Electric Fence

Schools

  • Flores Elementary School
  • Chavez Middle School
  • Palmview High School

Community Details

  • No Home Owners Association
  • St. Louis Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number S580000000001605

Property Details

Property Type

Land

Est. Annual Taxes

$22,715

Lot Details

0

Listing Details

  • Directions: HEADING FROM EAST TO WEST ON HIGHWAY 83, TAKE EXIT 130 TOWARD SHOWERS RD. MAKE A U-TURN AND CONTINUE STRAIGHT FOR ABOUT HALF A MILE. THE PROPERTY WILL BE TO YOUR RIGHT HAND SIDE.
  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 5.18
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: St. Louis Grove
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Residential, Subdevelopment

Exterior Features

  • Fencing: Electric
  • Lot Features: Other, Sidewalks
  • Home Warranty: No

Utilities

  • Utilities: Other
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: Public, Agua SUD
  • Water Comments: N/A

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Flores
  • High School: Palmview H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: Chavez

Lot Info

  • Current Use: Commercial, Improved, Unimproved
  • Lot Size Sq Ft: 225639.9288
  • Parcel #: S580000000001605

Rental Info

  • Leased Rent Share: N/A

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 22715

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,600 $558,739 $130,024 $428,715
2024 $9,600 $380,683 $130,061 $250,622
2023 $22,878 $919,802 $665,640 $254,162
2022 $25,006 $923,336 $665,640 $257,696
2021 $24,999 $929,888 $665,640 $264,248
2020 $23,109 $851,582 $584,684 $266,898
2019 $23,232 $856,182 $584,684 $271,498
2018 $22,681 $833,732 $584,684 $249,048
2017 $15,422 $570,055 $314,058 $255,997
2016 $15,494 $572,705 $314,058 $258,647
2015 $13,151 $543,128 $314,058 $229,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2025 08/28/25 For Sale $1,675,000 -- --
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Valley Land Title
Vendors Lien -- Sierra Title
Vendors Lien -- None Available
Vendors Lien -- Charge Recording To Landtitl
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $249,260 Commercial
Previous Owner $153,000 Commercial
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 479591

Greater McAllen Association of REALTORS®

APN: S5800-00-000-0016-05