17922 Coconut Palm DR Active

Penitas,TX 78576

$ 500000

- Bed

- Bath

3360 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $148

Subdivision Pueblo De Palmas Ph 1 & 2

MLS Listing ID 451593

HOA Y/N No

Originating Board Greater McAllen

Year Built 2005

Annual Tax Amount $4,406

Tax Year 2024

Lot Size 0.751 Acres

Acres 0.7507

Property Description

This sounds like a promising investment opportunity! The fact that the buildings are located on a busy road like Mile 7 is a significant advantage, as it can attract foot traffic and visibility. Here are some points to consider:

Location: Being on a corner lot with high visibility can enhance customer access and attract more visitors.

Previous Uses: The prior uses as a drive-thru store and bakery could indicate a demand for food or retail services in the area. You could potentially revive these concepts or pivot to something new.

Flexibility: With the buildings currently vacant, you have the freedom to develop them according to market needs. This could be an opportunity for a café, a convenience store, or other retail ventures.

Parking: Ample parking is a big plus, especially for businesses expecting higher foot traffic.

If you have any specific questions or need more detailed advice about this opportunity, feel free to ask!

Location

State TX

County Hidalgo

Zoning CO

Interior

Heating Other HVAC

Cooling Other HVAC

Flooring Concrete,Tile

Appliance Water Heater (Other)

Exterior

Exterior Feature None

Garage Spaces 16.0

Waterfront No

View Y/N No

Roof Type Other

Total Parking Spaces 16

Garage Yes

Building

Lot Description See Remarks

Faces Take TX-107 W/W State Hwy 107 and Mile 7 Rd until you reach Sabal Palm Dr. The property is between Sabal Palm Dr and Coconut Palm Dr right in front of Dr. Javier Saenz Middle School

Story 1

Structure Type Other

New Construction No

Others

Tax ID P927702000011100

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