11019 Us-290 Manor, TX 78653
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.