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1933 & 1929 W Palma Vista Dr
Palmview, TX 78572
Retail Property For Sale
Investment Highlights
- Right off of W Interstate Highway 2
Executive Summary
1933 & 1929 W Palma Vista Dr in Palmview, TX presents an exceptional investment opportunity with a combined 19,862 SF of retail space situated on a 0.48-acre site. Built in 2010, this single-story, Class B property is designed for storefront retail uses and enjoys direct visibility from major traffic corridors. Featuring 249 feet of frontage and immediate access to W Interstate Highway 2, the site benefits from strong daily traffic flow and a thriving regional trade area.
Located within an Opportunity Zone, this property offers potential tax advantages for qualifying investors and serves as a strategic location for retail or service-based businesses. With its established infrastructure, ample exposure, and proximity to a growing residential population, this asset is an ideal choice for owner-users, value-add investors, or redevelopment prospects aiming to capitalize on Palmview’s sustained economic growth.
Located within an Opportunity Zone, this property offers potential tax advantages for qualifying investors and serves as a strategic location for retail or service-based businesses. With its established infrastructure, ample exposure, and proximity to a growing residential population, this asset is an ideal choice for owner-users, value-add investors, or redevelopment prospects aiming to capitalize on Palmview’s sustained economic growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
19,862 SF
Building Class
B
Year Built
2010
Price
$850,000
Price Per SF
$42.80
Tenancy
Single
Building Height
1 Story
Building FAR
0.94
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
6 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
249’ on West Expressway 83
Property Taxes
| Parcel Number | G5900-01-004-0007-00 | Improvements Assessment | $22,536 |
| Land Assessment | $110,207 | Total Assessment | $132,743 |
Property Taxes
Parcel Number
G5900-01-004-0007-00
Land Assessment
$110,207
Improvements Assessment
$22,536
Total Assessment
$132,743
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