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15105 E Hwy 290 - 10 Ac Opportunity Zone Commercial Site
10.15 Acres of Commercial Land Offered at $2,250,000 in Manor, TX 78653
Investment Highlights
- Opportunity Zone property
- 33,226 VPD (TXDOT 2022)
- Cottonwood Creek Wastewater Treatment Plant south and adjacent to the Property
- Approx. 695.24 feet of frontage on US Hwy 290 E
- City of Manor
Executive Summary
Property Facts
| Price | $2,250,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 10.15 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $2,250,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 10.15 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,250,000 | Lot Size | 10.15 AC |
| Price Per AC | $221,675 |
| Price | $2,250,000 |
| Price Per AC | $221,675 |
| Lot Size | 10.15 AC |
Approx. 10.15 Gross Acres (approx. 6.73 Net Acres) located in E Manor on the south side of Hwy 290, just east of the intersection of Hwy 290 and FM 1100. Approx. 696 feet of frontage on US Hwy 290. Zoned AG. Water and Electricity to site. Manor ISD.
Description
Ideally suited for retail development with approx. 695.24 feet of frontage on US Hwy 290 and a shared curb cut. Zoned AG. Utilities: Water - Manville Water, Electric - Bluebonnet Electric, Sewer - City of Manor Cottonwood Creek Wastewater Treatment Plant south and adjacent to the property is in Construction Phase and scheduled to open in 2023. A portion of the property lies in the 100-year FEMA floodplain and a drainage easement (see FEMA map). This immediate area, and especially Manor in general, is experiencing tremendouse growth and has been named by Realtor.com as the 7th fastest growing suburb in the country. There is a billboard lease that fully expires on July 31, 2028.
PROPERTY TAXES
| Parcel Number | 724205 | Improvements Assessment | $24,376 |
| Land Assessment | $2,209,145 | Total Assessment | $2,233,521 |
PROPERTY TAXES
zoning
| Zoning Code | AG |
| AG |
-
Spence Collins -
McAllister & Associates
Presented by
15105 E Hwy 290 - 10 Ac Opportunity Zone Commercial Site
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