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Property profile & analytics
OFF-MARKET
Commercial real estate

16230 Us 290 Hwy Manor, TX 78653

10 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This exceptional 10-acre commercial land parcel presents a remarkable investment opportunity in Manor, Texas. Strategically located on US Highway 290, this property boasts a high-traffic, high-visibility location ideal for mixed-use commercial and multifamily development. Its prime position is further enhanced by its adjacency to the thriving Brickstone Development, offering immediate access to existing infrastructure and amenities. The property's potential is amplified by the possibility of acquiring an additional 12 acres in two separate parcels, allowing for significant expansion and development flexibility. This location offers unparalleled access to major economic drivers, situated between Tesla's substantial $10 billion investment and Samsung's impressive $17 billion plant. This presents a unique chance to capitalize on the explosive growth and increasing demand in this rapidly developing area. The expansive acreage provides ample space for a diverse range of commercial ventures, from retail and office spaces to residential complexes, catering to the burgeoning population and workforce attracted by the region's economic boom. The property's high visibility and strategic location on US 290 ensure maximum exposure and accessibility, making it an attractive proposition for both investors and developers seeking a foothold in this dynamic market. This is a rare opportunity to secure a significant land holding in a location poised for continued growth and prosperity.

Property profile
Verified
Property type Commercial real estate
Year built 1995
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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