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Listed by BIG Realty
$578,500
2.48 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Orchard Homes
MLS Listing ID 492438
HOA Y/N No
Annual Tax Amount $7,853
Tax Year 2025
Lot Size 2.480 Acres
Acres 2.48
Property Sub-Type Commercial
Source Greater McAllen
Property Description
Prime hard-corner commercial opportunity located at the signalized intersection of Military Highway and Mile 3 Road, just minutes from the Progreso International Port of Entry, one of the highest-traffic border crossings in the Rio Grande Valley. This 2.48-acre assemblage consists of two adjoining parcels and offers both immediate income and significant redevelopment potential. The front parcel (±0.75 acres) features an existing retail building with an active leases, providing in-place cash flow. The rear parcel (±1.73 acres) is vacant and ready for development, making this an ideal value-add or mixed-use redevelopment site. The property benefits from excellent frontage, multiple access points, strong daily traffic counts, and proximity to national retailers, residential density, and cross-border commerce driven by Progreso's port activity. Suitable for retail, QSR, strip center expansion, pad sites, or phased development, this asset offers both stability and long-term growth.
Location
State TX
County Hidalgo
Community Other
Exterior
Fence Other
Community Features Other
Utilities Available Electricity Connected, Water Connected, Phone Connected
View Y/N No
Building
Lot Description Other, Irregular Lot
Faces corner of 121 Military and mile 3 in Progreso Texas.
Sewer City Sewer
Water Public, Other
New Construction No
Schools
Elementary Schools Progreso
Middle Schools Progreso
High Schools Progreso H.S.
Others
Tax ID O690000028000100
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