000 County Rd Manvel, TX 77584
This exceptional 9.97-acre commercial land parcel in Manvel, Texas, presents a unique investment opportunity. Located at 000 County Road 89, Brazoria County, zip code 77584 (APN 166359), this property boasts a desirable location, offering breathtaking waterviews of Tranquility Lake. The land is situated in a rapidly developing area, with new construction, including a new subdivision, nearby. Its strategic position along County Road 89, in the curve of Old Chocolate Bayou between Broadway/518 and Cullen, provides excellent visibility and accessibility. The property's size and location offer significant potential for a variety of commercial or mixed-use developments, subject to city zoning approvals. The asking price is $2,989,274, translating to an attractive price per acre of $299,827. Surrounding properties include both commercial and residential uses, suggesting a versatile and adaptable development landscape. This is a rare opportunity to acquire a substantial tract of land with exceptional potential in a thriving Texas community. The property's proximity to water and its location within a growing area make it an ideal site for discerning investors seeking high-return development projects. Serious inquiries are encouraged to explore the possibilities of this remarkable property.
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
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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.