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12529 Old Kimbro Rd

4.98 Acres of Commercial Land in Manor, TX 78653

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Executive Summary

No portion of the Property is in the FEMA floodplain. The Property is not currently zoned, but
is expected to be annexed lending itself to have access to all utilities.

Old Kimbro-Flyer-7-14-23

Property Facts

Sale Type	Investment or Owner User	Proposed Use	Commercial Industrial Mixed Use Industrial Live or Work Unit Industrial Park Manufactured Homes or Mobile Home Park Self Storage Warehouse
No. Lots	1	Total Lot Size	4.98 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Mixed Use Industrial Live or Work Unit Industrial Park Manufactured Homes or Mobile Home Park Self Storage Warehouse
Total Lot Size	4.98 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size	4.98 AC

Lot Size	4.98 AC

Hans Laser has purchased 262 acres of land behind the subject property and reportedly has plans to build a 400,000 sf factory, with additional reported plans to expand the facility to 1.6 million sf, this property's value should increase quickly.

Description

Great lot in a quickly developing market. There is the potential to gain up to 23 more acres in this purchase (please inquire with agent), and none of it is in the FEMA Floodplain. All utilities are expected to be available once thee city annexes the property, which is reportedly in the Manor development plans.

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