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Property profile & analytics
OFF-MARKET
Land

290 E Hwy Carmine, TX 78932

10.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.2-acre commercial and industrial land parcel presents a remarkable investment opportunity in Carmine, Texas. Strategically located on East US Highway 290, the property boasts over 1,500 feet of highway frontage, ensuring high visibility and accessibility for any business. All utilities are readily available on-site, simplifying development and reducing upfront costs. A new service agreement with the City of Manor secures ample water capacity, eliminating concerns about future water supply. The majority of the land has already undergone rough grading and clearing, significantly reducing site preparation time and expenses. Furthermore, off-site detention is already in place, streamlining the permitting process. This versatile property is ideally suited for a wide range of uses, including automotive, flex, industrial, commercial, and retail developments. Its prime location, extensive highway frontage, and readily available utilities make it an exceptional opportunity for businesses seeking a high-impact presence in a growing area. The land is priced at $7 per square foot. The property is situated in Fayette County, Texas, with a zip code of 78932. This is a rare chance to acquire a well-prepared and strategically located tract of land ready for immediate development.

Property profile
Verified
Property type Land
Lot 10.2 ac (444,312 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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