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.
Property Details
- Lot Features
- Other, Irregular Lot
- Lot Description
- Other, Irregular Lot
- Acres
- 0.0
- Lot Size (sqft)
- 2.48
- Property Type
- Purchase
- Sewer Information
- City Sewer
- Utility Source
- Public, Other
- Utility Features
- Electricity Connected, Water Connected, Phone Connected
- Subdivision
- Orchard Homes
- Community Features
- Other
- School District
- Progreso ISD
- Elementary School
- Progreso
- Middle School
- Progreso
- High School
- Progreso H.S.
- County
- Hidalgo
- Region
- Progreso
- Original List Price
- $600,000
- Taxes Annual
- $7,853
- MLS #
- 492438
- Property Subtype
- Commercial
- Fence
- 1
- Parcel Number
- O690000028000100
- MLS #
- 492438
- Date Listed
- January 17, 2026
- Address
- 121 Military Highway
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Provided By
Listed by Rodolfo (Rudy) Pena (#801071391)
Listing Office: BIG Realty (#814)
