About This Home
This 0-bedroom, 0-bathroom commercial at 121 Military Highway in Progreso, TX is listed for $578,500. on a 2.48 acres lot.
Key Features
- 2.48 acre lot
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.
Monthly Cost Estimate
$3,094/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
121 Military Highway
Progreso, TX 78596
Orchard Homes
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 121 Military Highway is listed at $578,500. The estimated monthly payment is $3,094 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 2.48 acre lot.
This property is listed by Victor Fuentes and can be reached at 9564321351.