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    8003 Mason Rd Manvel, TX 77578
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    Property profile & analytics

    8003 Mason Rd Manvel, TX 77578

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    • Commercial real estate
    • 2.00 lot acres
    Off-Market
    Property ID
    US83-3336129
    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 8003 Mason Rd

    Lot size
    2.00 lot acres
    Property type
    Commercial real estate

    Description

    Exceptional investment opportunity in Manvel, Texas, presents a 2-acre commercial and residential land parcel ideally situated at 8003 Mason Road, zip code 77578. This property boasts 322 feet of frontage on Mason Road and 245 feet on Stevens Road, offering excellent visibility and accessibility. Its prime location is less than 0.6 miles from Highway 6 and under 1.5 miles from TX-288, benefiting from high daily traffic counts exceeding 104,000 vehicles on TX-288 and over 34,000 on Highway 6. The land includes a 1,763 square foot income-producing structure. Located within the city limits of Manvel, near Alvin, this property provides convenient access to major freeways and retail amenities. Note that the property is situated along the East Fork Chocolate Bayou, which feeds into Briscoe Canal, and lies within the 100-year floodplain. The property is in Brazoria County and within the Alvin Independent School District. The 2020 total tax rate was $2.83 per $100 of assessed value. Please be aware that no survey is currently on file. Asking price is $250,000.

    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
    Manvel
    County
    Brazoria
    State
    Texas
    Longitude
    -95.3872273
    Latitude
    29.4684543

    Comparable in this City

    • Contact for pricing

      Four Freestanding Homes with Lots

      Four homes plus two lots near Hwy 6 and 288.
      7903 Masters Rd, Manvel, TX 77578
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      Land Near Highway 288

      Development opportunity near Highway 288 in Manvel, Texas.
      Del Bello County Rd 234, Manvel, TX 77578
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      Hard Corner Land in Manvel

      Corner lot suitable for retail or office development.
      8479 Bailey Rd, Manvel, TX 77578
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    Similar Nearby for Sale

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      Four Freestanding Homes with Lots

      Four homes plus two lots near Hwy 6 and 288.
      7903 Masters Rd, Manvel, TX 77578
      View Details
    • Contact for pricing

      Land Near Highway 288

      Development opportunity near Highway 288 in Manvel, Texas.
      Del Bello County Rd 234, Manvel, TX 77578
      View Details
    • Contact for pricing

      Hard Corner Land in Manvel

      Corner lot suitable for retail or office development.
      8479 Bailey Rd, Manvel, TX 77578
      View Details

    Similar Nearby for Lease

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      Prime Pad Site For Lease

      1.20 AC pad site near Bailey Ave & CR 94.
      10237 Bailey Rd, Manvel, TX 77578
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      191,495 SF

      Manvel Town Center Retail Spaces

      Prime Retail Space, High-Growth Area
      0 Nwc Sh‐288 & Sh‐6, Manvel, TX 77578
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      Retail Development at Highway 6

      New retail development in Manvel, Texas at Highway 6.
      Swc Hwy 6 & Meridiana Pkwy, Manvel, TX 77578
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    • $26 SF/Yr
      4,750 SF

      New Retail Center in Manvel

      Prime retail space in a rapidly growing Manvel, TX.
      19300 Highway 6, Manvel, TX 77578
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      6,175 SF

      Retail Space in Growing Manvel

      New retail development in a high-growth area of Manvel.
      Highway 6, Manvel, TX 77578
      View Details
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    Manvel, TX 77578
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    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
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