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Expressway 83
Penitas, TX 78576

Land For Sale · 124.00 AC

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Investment Highlights

High Traffic Expressway Frontage
Great Access All Around

Over 2,000 SF of Frontage Along the Expressway
Major Mixed Use Potential

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Commercial Multifamily Fast Food
No. Lots	1	Total Lot Size	124.00 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Fast Food
Total Lot Size	124.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£6,442,519	Lot Size	124.00 AC
Price Per AC	£51,956

Price	£6,442,519
Price Per AC	£51,956
Lot Size	124.00 AC

Description

The land is situated on Expressway 83 in Penitas, TX, with approximately 2,000 SF of Frontage along the Expressway. This large tract of land offers a tremendous opportunity for a true mixed-use development. The property is located within a booming retail trade along the Expressway.

PROPERTY TAXES

Parcel Numbers	Multiple H4250-01-000-0240-00 H4250-01-000-0215-00 H4250-01-000-0214-00 H4250-01-000-0221-00 H4250-01-000-0219-00 H4250-01-000-0218-00 H4250-01-000-0233-00 H4250-01-000-0230-00 H4250-01-000-0228-00 H4250-01-000-0225-01 H4250-01-000-0211-00 H4250-01-000-0222-00 H4250-01-000-0231-00 H4250-01-000-0223-00 H4250-01-000-0212-00 H4250-01-000-0214-08 H4250-01-000-0239-01 10077-00-02A-0000-00 H4250-01-000-0232-00 H4250-01-000-0213-00 H4250-01-000-0220-00 H4250-01-000-0207-06	Improvements Assessment	£10,466
Land Assessment	£885,355	Total Assessment	£895,821

PROPERTY TAXES

Parcel Numbers

Multiple

H4250-01-000-0240-00
H4250-01-000-0215-00
H4250-01-000-0214-00
H4250-01-000-0221-00
H4250-01-000-0219-00
H4250-01-000-0218-00
H4250-01-000-0233-00
H4250-01-000-0230-00
H4250-01-000-0228-00
H4250-01-000-0225-01
H4250-01-000-0211-00
H4250-01-000-0222-00
H4250-01-000-0231-00
H4250-01-000-0223-00
H4250-01-000-0212-00
H4250-01-000-0214-08
H4250-01-000-0239-01
10077-00-02A-0000-00
H4250-01-000-0232-00
H4250-01-000-0213-00
H4250-01-000-0220-00
H4250-01-000-0207-06

Land Assessment

£885,355

Improvements Assessment

£10,466

Total Assessment

£895,821

zoning

Zoning Code	Agriculture
Agriculture

Listing ID: 28092813
Date on Market: 29/03/2023
Last Updated:
Address: Expressway 83, Penitas, TX 78576

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