Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 11019 Us-290
- Year built
- 1972
- Lot size
- 0.25 lot acres
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This single-tenant industrial flex property, located at 11019 US-290 in Manor, Texas (zip code 78653), presents a unique investment opportunity. The 1,100 square foot building sits on a 0.25-acre lot and boasts 2,786 square feet of net rentable space. Currently operating as a tire shop, the tenant is on a month-to-month lease, offering flexibility for future plans. The property features C-1 zoning and is conveniently located just 2.3 miles from the 130 tollway, benefiting from high daily traffic counts (nearly 57,000 vehicles). Built in 1972, the building is a single-story structure. Previous environmental remediation has been completed, including the removal of buried fuel tanks. The asking price is $950,000, representing a 0.21% cap rate and a price per square foot of $863.64. The property's strong location offers proximity to major transportation arteries, Austin-Bergstrom International Airport, Austin Executive Airport, Tesla, Samsung's new factory, Circuit of the Americas, and other significant landmarks. The property is not located in a flood zone. The Net Operating Income (NOI) is $2,000. This presents a compelling opportunity for investors seeking a property with high visibility and growth potential in a rapidly developing area.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manor
- County
- Travis
- State
- Texas
- Longitude
- -97.5578
- Latitude
- 30.3487
