290 E Hwy Carmine, TX 78932
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.