11019 Us-290Manor, TX 78653

Property Details for 11019 Us-290

Year built

1972

Lot size

0.25 AC

Property size (Sq ft)

1,100 SF

Property type

Industrial properties

Property subtype

Flex space

Description

This single-tenant industrial flex property, located at 11019 US-290 in Manor, Texas (zip code 78653), presents a unique investment opportunity. The 1,100 square foot building sits on a 0.25-acre lot and boasts 2,786 square feet of net rentable space. Currently operating as a tire shop, the tenant is on a month-to-month lease, offering flexibility for future plans. The property features C-1 zoning and is conveniently located just 2.3 miles from the 130 tollway, benefiting from high daily traffic counts (nearly 57,000 vehicles). Built in 1972, the building is a single-story structure. Previous environmental remediation has been completed, including the removal of buried fuel tanks. The asking price is $950,000, representing a 0.21% cap rate and a price per square foot of $863.64. The property's strong location offers proximity to major transportation arteries, Austin-Bergstrom International Airport, Austin Executive Airport, Tesla, Samsung's new factory, Circuit of the Americas, and other significant landmarks. The property is not located in a flood zone. The Net Operating Income (NOI) is $2,000. This presents a compelling opportunity for investors seeking a property with high visibility and growth potential in a rapidly developing area.

Location Insight

City

Manor

County

Travis

State

Texas

Latitude

30.3487

Longitude

-97.5578

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