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Property profile

5523 Crk 48 Manvel, TX 77578

OFF-MARKET
Land
5.8 ac lot
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Property summary

AI-generated overview

This ±5.8-acre commercial land parcel, located at 5523 & 5703 CR 48 in Manvel, Texas (zip code 77578), presents a unique retail development opportunity. The property is situated in a high-growth area of Brazoria County, boasting thousands of existing single-family homes and numerous planned master-planned communities. The land is available for sale and can be subdivided to suit specific development needs. A key feature is its hard corner location leading into a future single-family residential community, ensuring high visibility and accessibility. The site offers over 500 feet of frontage along Country Road 48, providing ample space for development. Its proximity to major thoroughfares, including Highway 288 and Highway 6, ensures excellent connectivity and accessibility for potential customers. Furthermore, the property is conveniently located less than five minutes from a new H-E-B grocery store at the intersection of Highway 6 and 288, adding to its retail appeal. The land is adjacent to Rodeo Palms Junior High School (Alvin ISD), providing a stable residential population nearby. Utilities are readily available through Brazoria County MUD 29. The asking price for this exceptional property is $3,031,776, with a land value of $12 per square foot. This presents a compelling investment opportunity in a rapidly expanding market.

Property profile

Verified
Property type Land
Lot 5.8 ac (252,648 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5523 Crk 48 Manvel, TX 77578
Manvel metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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