20350 Morris Ave Manvel, TX 77578
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.