About 121 Military Highway
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.
Features of 121 Military Highway
| MLS® # | 492438 |
|---|---|
| Price | $578,500 |
| Square Footage | 108,029 |
| Acres | 2.48 |
| Type | Land |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 121 Military Highway |
|---|---|
| Subdivision | Orchard Homes |
| City | Progreso |
| County | Hidalgo |
| State | TX |
| Zip Code | 78596 |
Amenities
| Utilities | Electricity Connected, Water Connected, Phone Connected |
|---|---|
| Is Waterfront | No |
| Water Supplier | Public, Other |
| Sewer | City Sewer |
| Community Amenities | Other |
Exterior
| Lot Description | Other, Irregular Lot |
|---|
School Information
| District | Progreso ISD |
|---|---|
| Elementary | Progreso |
| Middle | Progreso |
| High | Progreso H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Present Use | Commercial, Improved, Other |
| Annual Tax | $7,853 |
| Suitable Use | Commercial, Subdevelopment |
| Crops | None |
| Land Access | Paved |
| HOA Association | No |
Listing Details
| Agent | Victor Fuentes |
|---|---|
| Office | BIG Realty |
| Contact Info | 956-432-1351 |