121 Military Highway, Progreso, TX 78596
- $578,500
- List Price
- $578,500
- Price Change
- ▼ $21,500 1775103856
- Status
- ACTIVE
- MLS#
- 492438
- Lot Size (Acres)
- 2.48
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.
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Additional Information
- Area
- Progreso
- Subdivision
- Orchard Homes
- Taxes
- $7,853
- Amenities
- Other
- Utilities
- Electricity Connected, Water Connected, Phone Connected
- Sewer
- City Sewer
- School District
- Progreso ISD
- Elementary School
- Progreso
- Middle School
- Progreso
- High School
- Progreso H.S.
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Listing courtesy of Victor Fuentes with Big Realty