16525 Fm 973 Manor, TX 78653
- Commercial real estate
- 7.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16525 Fm 973
- Lot size
- 7.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.003-acre commercial land parcel presents a compelling investment opportunity in the thriving Manor, Texas market. Located on the east side of FM 973, this property boasts 250 feet of frontage on a largely flat lot at roadway elevation, offering excellent visibility and accessibility. Currently listed at $2,441,000, the land is situated within the Pflugerville ETJ and generates income from a covered land play. A mobile home is included on the property, although it is currently vacant but was recently occupied. The strategic location offers significant advantages. It's conveniently located down the street from Manor High School and approximately four miles from the upcoming Manor Crossing development, which is slated to include a significant retail presence such as HEB and Home Depot, along with 600 apartments. Furthermore, the property benefits from its central position between the major Samsung chip plant in Taylor (projected opening July 2024) and the Tesla Gigafactory, capitalizing on the explosive growth in the region. This prime location, combined with the existing income stream and development potential, makes this a truly unique investment opportunity in one of Texas's fastest-growing areas. The zip code is 78653.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manor
- County
- Travis
- State
- Texas
- Longitude
- -97.5138313
- Latitude
- 30.4052287
