20350 Morris Ave Manvel, TX 77578
- Retail properties
- 4,927 SF
- 0.47 lot acres
Current Use by Public Records
- Retail properties
Property Details for 20350 Morris Ave
- Year built
- 1976
- Lot size
- 0.47 lot acres
- Property size
- 4,927 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 4,927 square foot retail storefront, located at 20350 Morris Ave in Manvel, Texas, presents a lucrative investment opportunity. Situated on a 0.466-acre lot (34,236 square feet), this Class C property boasts a substantial 7,000 square foot asphalt parking area, providing ample parking with a ratio of 3.04 spaces per 1,000 square feet. Currently operating at 100% occupancy, this single-tenant building offers immediate cash flow. Built in 1976, the one-story structure is ideally positioned in a high-traffic area of Manvel, within Brazoria County, zip code 77578. The asking price is $899,000, representing a 100% capitalization rate. The property's prime location and substantial lot size make it perfectly suited for a wide range of businesses. The property's APN is 6398-0037-120. This is a rare opportunity to acquire a well-established, high-performing commercial property in a thriving Texas market. Don't miss out on this chance to secure a strong investment with significant upside potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manvel
- County
- Brazoria
- State
- Texas
- Longitude
- -95.3527
- Latitude
- 29.4659
