Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    12408 Johnson Road Trl Manor, TX 78653

    • Commercial real estate
    • 2.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0636921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 12408 Johnson Road Trl

    Lot size
    2.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial land opportunity in Manor, Texas, presents +/- 2.0 acres of level, easily accessible land available for lease. Located at 12408 Johnson Rd, 78653, in Travis County, this property is perfect for various uses, including lay-down yards or equipment storage. The site boasts a private gate and driveway, ensuring exclusive access and enhanced security for the tenant. The terrain is entirely flat, simplifying development and operations. The property is zoned as "No Zoning," offering flexibility in potential uses. While the entire +/- 2.0 acres can be leased, the owner is also willing to consider dividing the land into smaller parcels of approximately +/- 0.50 acres each, providing adaptable lease options to suit diverse business needs. This presents a unique chance to secure a well-situated, easily accessible commercial land parcel in a growing area. The property's location in Manor, TX offers convenient access to major transportation routes, making it an attractive option for businesses requiring efficient logistics.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Manor
    County
    Travis
    State
    Texas
    Longitude
    -97.5143389
    Latitude
    30.3794171

    Comparable in this City

    • Contact for pricing
      43,560 SF

      Manor Commercial Land Opportunity

      Prime 1-acre commercial lot, expansion potential.
      18501 Blake Manor Rd, Manor, TX 78653
      View Details
    • $11,940 /Mo
      700 SF

      Manor, TX Commercial Land Opportunity

      One-acre workshop, mixed-use potential.
      8315 Burleson Mnr Rd, Manor, TX 78653
      View Details
    • $29,940
      1 SF

      Manor, TX Commercial Land Lease

      15 Acres, Flexible Lease Options, Austin Area
      18901 Hogeye Rd, Manor, TX 78653
      View Details
    • $4,000 /Mo

      Cleared Land in Manor

      22.62 acres of cleared land with utilities in place.
      15821 Giese Ln, Manor, TX 78653
      View Details
    • Contact for pricing

      Highway 290 Pad Site

      1.2 acre pad site available for lease in Manor, TX.
      11032 Lexington St, Manor, TX 78653
      View Details
    • $2,495 /Mo

      Unrestricted Land Near Tesla Campus

      Unrestricted land for lease near Tesla Campus in Austin ETJ.
      18901 Hogeye Rd E, Webberville, TX 78653
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      37.09 Acres

      Manor TX Commercial Land

      37-Acre Multi-Family/Commercial Lot
      16925 Hamilton Point Cir, Manor, TX 78653
      View Details
    • Contact for pricing
      34 SF

      Shovel-Ready Industrial Site For Sale

      34.35-acre site with approved development plan and build-to-suit lease.
      12340 Old Kimbro Rd, Manor, TX 78653
      View Details
    • $22,900,000

      Prime Land in Manor, Texas

      Commercial land available for sale in Manor, Texas.
      13628 Gregg Mnr Rd, Manor, TX 78653
      View Details
    • $400,000

      Unrestricted Acreage Near Manor ETJ

      10 unrestricted acres suitable for agricultural or residential use.
      13201 Jacobson Rd, Manor, TX 78653
      View Details
    • $750,000

      Land for Sale

      Land available for sale.
      906 Water St, Webberville, TX 78653
      View Details
    • Contact for pricing
      1.38 Acres

      Prime Austin Retail Pad Site

      1.38 Acres, C-4 Zoning, High Growth
      0 Parmer Ln And Wildhorse Rnch Trl, Austin, TX 78653
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      43,560 SF

      Manor Commercial Land Opportunity

      Prime 1-acre commercial lot, expansion potential.
      18501 Blake Manor Rd, Manor, TX 78653
      View Details
    • $11,940 /Mo
      700 SF

      Manor, TX Commercial Land Opportunity

      One-acre workshop, mixed-use potential.
      8315 Burleson Mnr Rd, Manor, TX 78653
      View Details
    • $29,940
      1 SF

      Manor, TX Commercial Land Lease

      15 Acres, Flexible Lease Options, Austin Area
      18901 Hogeye Rd, Manor, TX 78653
      View Details
    • $2,495 /Mo

      Unrestricted Land Near Tesla Campus

      Unrestricted land for lease near Tesla Campus in Austin ETJ.
      18901 Hogeye Rd E, Webberville, TX 78653
      View Details
    • $1,400 /Mo

      Unrestricted Land Near Tesla Campus

      One acre of unrestricted land with metal barn for lease.
      8607 Burleson Mnr Rd, Manor, TX 78653
      View Details
    • $4,000 /Mo

      Cleared Land in Manor

      22.62 acres of cleared land with utilities in place.
      15821 Giese Ln, Manor, TX 78653
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12408 Johnson Road Trl
    Manor, TX 78653
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.