Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    18509 Blake Manor Rd Manor, TX 78653

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18509 Blake Manor Rd Manor, TX 78653

    View on Map
    • Commercial real estate
    • 0.67 lot acres
    For Sale
    $375,000
    View Listing →
    Manor Land with Development Potential For Sale
    $375,000
    784 SF

    Manor Land with Development Potential

    Land in Manor with mobile home and walking trail.

    18509 Blake Manor RD, Manor, TX 78653
    View Listing
    Property ID
    US82-5169899
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 18509 Blake Manor Rd

    Lot size
    0.67 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.66-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding city of Manor, Texas. Situated at 18509 Blake Manor Rd, 78653, this single-tenant property offers unparalleled potential for development. The location boasts convenient access to major thoroughfares, including the soon-to-be-completed four-lane expansion of Blake Manor Road, transforming it into a high-traffic corridor. This strategic positioning places the property within easy reach of Manor's downtown area and the metropolitan park, further enhanced by a planned walking trail connecting these key destinations. The property's proximity to East Metro Baseball fields, pools, and additional walking trails adds to its appeal and potential for attracting a diverse clientele. Importantly, this land is located outside city limits, offering flexibility and freedom from potential deed restrictions, allowing for a wide range of development possibilities limited only by the buyer's vision. This is a rare chance to acquire a substantial commercial lot in a thriving Texas community poised for significant growth. The property's size and location make it ideal for a variety of commercial ventures.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Manor
    County
    Travis
    State
    Texas
    Longitude
    -97.525211357597
    Latitude
    30.295778588558

    Comparable in this City

    • 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
    • Contact for pricing

      Land For Lease

      Land available for lease.
      11032 Us Highway 290, Manor, TX 78653
      View Details
    • Contact for pricing

      Manor Warehouse with Acreage

      Warehouse with land for lease, suitable for various businesses.
      19219 Hog Eye Rd, Manor, TX 78653
      View Details
    • Contact for pricing

      Unrestricted Land Near Tesla Campus

      Unrestricted land near Tesla campus, ideal for warehouse or truck park.
      8607 Burleson Manor Rd, Manor, TX 78653
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Manor TX Development Opportunity

      37 acres near Samsung, Tesla, and HWY 290.
      16925 Hamilton Point Cir, Manor, TX 78653
      View Details
    • Contact for pricing

      Manor, TX Development Opportunity

      19.98-acre development opportunity in fast-growing Manor, Texas.
      18410 Fm 969, Manor, TX 78653
      View Details
    • Contact for pricing
      1,644 SF

      Expansive Land Tract on Melber

      80.38-acre tract in Pflugerville ETJ, ideal for development.
      21265 Melber Ln, Manor, TX 78653
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing

      Land For Lease

      Land available for lease.
      11032 Us Highway 290, Manor, TX 78653
      View Details
    • Contact for pricing

      Manor Warehouse with Acreage

      Warehouse with land for lease, suitable for various businesses.
      19219 Hog Eye Rd, Manor, TX 78653
      View Details
    View Listing
    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.
    18509 Blake Manor Rd
    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.
    Sign Up Successful!
    You now have access to more from Realmo!