10 Ac Commercial Lot on US Hwy 290 E

15105 US Hwy 290 Manor, TX 78653

15105 US Hwy 290 , Manor, TX, 78653
15105 US Hwy 290 , Manor, TX, 78653
FOR SALE
Property Type:
Commercial Land Development
Amount:
$2,250,000
Last Verified:
May 20, 2022

OPPORTUNITY ZONE PROPERTY. Approx. 10.15 Gross Acres (approx. 6.73 Net Acres) with approx. 696 feet of frontage on US Hwy 290. Zoned AG. A portion of the property lies in the 100-year floodplain and a drainage easement. Utilities: Water - Manville Water, Electricity - 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. There is a billboard lease that fully expires on July 31, 2028.

Map of 15105 US Hwy 290 , Manor, TX, 78653

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.