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    Parmer Ln & Harris Br Pkwy Manor, TX 78653

    For Sale
    Contact for pricing

    8.7 Acres, Prime Austin Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8.7-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Austin, Texas market. Located at the signalized, high-traffic intersection of East Parmer Lane and Harris Branch Parkway, this property boasts unparalleled visibility and accessibility. Its strategic location places it in close proximity to major employers such as Dell, Samsung, Tesla, and Applied Materials, ensuring a robust and growing workforce within easy reach. The site is less than two miles from Highway 130, providing convenient access to major transportation arteries. Adding to its appeal, a future K-12 magnet school is slated to open directly across the street in 2024, further enhancing the area's desirability and attracting families and businesses alike. The property is surrounded by thriving new housing developments, creating a strong and expanding residential base. Zoned for commercial use, this parcel offers significant potential for a wide range of development projects, capitalizing on the explosive growth and economic vitality of this prime Austin location. The property is situated in Travis County, with a 78653 zip code. This is an exceptional opportunity to acquire a substantial land holding in one of Austin's most dynamic and sought-after areas.

    Property Features for 0 Parmer Ln & Harris Br Pkwy

    General Information

    Property type
    Land
    Lot Size
    378,972 SF

    HighLights

    • High‑visibility corner lot at a signalized intersection in a rapidly expanding Austin submarket.
    • Excellent proximity to major employers such as Dell, Samsung, Tesla, and Applied Materials.
    • Less than two miles to Highway 130.
    • Directly across from a new K‑12 magnet school opening in 2024.
    • Surrounded by new residential communities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Manor
    County
    Travis
    State
    Texas
    Longitude
    -97.613033076183
    Latitude
    30.368591104021

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    FAQs

    What type of property is this?
    Land - 8.7 Acres, Prime Austin Location
    Where is this land located?
    The property is located at Parmer Ln & Harris Br Pkwy Manor, TX.
    What are key features of this property?
    This property features: High-visibility corner lot at a signalized intersection in a rapidly expanding Austin submarket.; Excellent proximity to major employers such as Dell, Samsung, Tesla, and Applied Materials.; Less than two miles to Highway 130.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Parmer Ln & Harris Br Pkwy Manor, TX 78653
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