0 Parmer Ln & Harris Br Pkwy Manor, TX 78653
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.
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.