List Price:
$600,000
MLS Number:
492438
Lot Size Acres:
2.48
Property Type:
Land
Property Sub Type:
Commercial
Status:
Active
Street Dir Prefix:
Street Dir Suffix:
Street Name:
Military
Street Number:
121
Street Suffix:
Highway
Subdivision:
Orchard Homes
Association Fee:
Association Fee Frequency:
Association YN:
No
Availability:
City:
Progreso
County:
Hidalgo
Crops:
None
Community Features:
Other
Directions:
corner of 121 Military and mile 3 in Progreso Texas.
Electric:
Electric On Property YN:
Yes
Elementary School:
Progreso
Elementary School District:
Progreso ISD
Fencing:
Other
Frontage Type:
Habitable Residence YN:
Heating:
Heating YN:
High School:
Progreso H.S.
High School District:
Progreso ISD
Horse Amenities:
Horse YN:
Land Lease YN:
Leased Rent Share:
0
Lot Features:
Other, Irregular Lot
Lot Size SqFt :
108028.8
Middle School:
Progreso
Middle School District:
Progreso ISD
Number Of Units In Community:
Other Bldg SqFt:
Other Expense:
Other Structures:
Own Lot YN:
Parking Features:
Parking Total:
Possible Use:
Commercial, Subdevelopment
Postal Code:
78596
Property Attached YN:
Property Condition:
Public Remarks:
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.
Road Frontage Type:
City Street, Highway
Road Surface Type:
Paved
Security Features:
Senior Community YN:
Sewer:
City Sewer
Special Listing Conditions:
Standard Status:
Active
State:
TX
Tax Annual Amount:
$7,853
Tax Year:
2025
Utilities:
Electricity Connected, Water Connected, Phone Connected
Warehouse SqFt:
Water Comments:
NA
Water Source:
Public, Other
Waterfront Features:
Waterfront YN:
Zoning:
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