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Mixed-Use Land for Sale in Progreso, Texas

121 Military Hwy, Progreso, TX 78596

$600,000
2.48 acres
Active
ago
Est $4,750/mo

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.

Location

Street address
121 Military Hwy
Community
Orchard Homes
Elevation
72 feet
Coordinates
26.0873, -97.9581

Directions

corner of 121 Military and mile 3 in Progreso Texas.

Property details

Acreage
2.48 acres
MLS #
GMAR 492438
Posted

Property taxes

2025
$7,853

Parcels

  • O690000028000100

Nearby schools

NameLevelDistrictDescription
ProgresoElementary
ProgresoMiddle
Progreso H.S.High

Listing history

DateEventPriceChangeSource
Jan 17, 2026New listing$600,000GMAR
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This 2.48-acre property is located at 121 Military Hwy in Progreso, TX 78596. The property is available for sale for $600,000 with a price per acre of $241,935.

Checked 2 hours ago — Updated

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