Penitas Crossing
Price
Price on request
Description
Delivery 1Q 2027 This 58 acres proposed development is located in Penitas, Texas, 8 miles west of Mission and 25 miles east of Rio Grande City. The new development is located at the northeast corner of Expressway 83 and 23rd Street. This Property is an ideal site for retail, restaurant, medical and office.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Sale Price History
Market report quarterly trend fallback
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Investment Analysis
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Financing Assumptions
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Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: retail in penitas, TX
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