Property profile

0 Parmer Ln & Harris Br Pkwy Manor, TX 78653

OFF-MARKET
Land
8.7 ac lot
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Property summary

AI-generated overview

This exceptional 8.7-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Austin, Texas market. Located at the signalized, high-traffic intersection of East Parmer Lane and Harris Branch Parkway, this property boasts unparalleled visibility and accessibility. Its strategic location places it in close proximity to major employers such as Dell, Samsung, Tesla, and Applied Materials, ensuring a robust and growing workforce within easy reach. The site is less than two miles from Highway 130, providing convenient access to major transportation arteries. Adding to its appeal, a future K-12 magnet school is slated to open directly across the street in 2024, further enhancing the area's desirability and attracting families and businesses alike. The property is surrounded by thriving new housing developments, creating a strong and expanding residential base. Zoned for commercial use, this parcel offers significant potential for a wide range of development projects, capitalizing on the explosive growth and economic vitality of this prime Austin location. The property is situated in Travis County, with a 78653 zip code. This is an exceptional opportunity to acquire a substantial land holding in one of Austin's most dynamic and sought-after areas.

Property profile

Verified
Property type Land
Lot 8.7 ac (378,972 SF)

Cap rate & NOI

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

Location

Parmer Ln & Harris Br Pkwy Manor, TX 78653
Manor metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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