



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.
| Type | School name | District name |
|---|---|---|
| High | Progreso H.S. | Not available |
| Not available | Not available | Not available |
| Elementary | Progreso | Not available |
| Not available | Not available | Not available |
| Middle | Progreso | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Progreso | Not available |
| Not available | Not available | Not available |
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $7853 | AUD $11,280* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.
Email enquiry to BIG Realty
Property ID: 110104926168
Original Property ID: 3yd-GMARTX-492438