Property profile

12912 Armstrong Ave Manor, TX 78653

OFF-MARKET
Land
0.65 ac lot
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Property summary

AI-generated overview

This exceptional 0.65-acre commercial land parcel presents a remarkable development opportunity in Manor, Texas. Situated within the Extra Territorial Jurisdiction (ETJ) of Manor, this property boasts unrestricted zoning, eliminating the complexities of navigating zoning regulations. The absence of FEMA flood designations adds further appeal. Conveniently located just one mile from the burgeoning Manor Crossing development—a 95-acre project slated to include a Home Depot (projected opening 2024-2025), an H-E-B (projected opening 2024-2025), and a Walmart—this site benefits from its proximity to significant retail and residential growth. A completed site plan is available, outlining a potential development of 10,800 square feet of warehouse space across two buildings, with estimated annual rental revenue projected at approximately $130,000 plus NNN. However, the property's flexible zoning allows for a diverse range of development possibilities beyond warehousing. The asking price is $599,000, and seller financing may be available. This prime location and the absence of zoning restrictions make this an exceptional investment opportunity with significant potential for future returns. The property is located at 12912 Armstrong Ave, Manor, TX 78653, in Travis County. Detailed site plans are available upon request.

Property profile

Verified
Property type Land
Lot 0.65 ac (28,314 SF)

Cap rate & NOI

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

Location

12912 Armstrong Ave Manor, TX 78653
Manor metro
Google Maps

Value estimations

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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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