Opportunity Zone Manor Land with 290 Frontage

14719 Us Highway 290 E Manor, TX 78653

14719 Us Highway 290 E, Manor, TX, 78653
14719 Us Highway 290 E, Manor, TX, 78653 14719 Us Highway 290 E, Manor, TX, 78653 14719 Us Highway 290 E, Manor, TX, 78653 14719 Us Highway 290 E, Manor, TX, 78653 14719 Us Highway 290 E, Manor, TX, 78653 14719 Us Highway 290 E, Manor, TX, 78653
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Sep 14, 2023

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Highlights

  • Opportunity Zone
  • NO Flood Zone
  • Includes Billboard
  • 6 structures currently located on land

Description

Promising Opportunities
Manor, Texas could be one of the most overlooked areas within the Austin metro, yet it could offer some of the most profitable long-term opportunities. This indicates a potential for growth and investment returns.

Real Estate Appreciation
Neighborhood Scout reports Manor's real estate has appreciated 140.99% over the last ten years, and it is within the top 10% nationwide for real estate appreciation. The average yearly appreciation rate stands at 9.19%, which would provide a strong return on investment (ROI) for developers.

Fast Growing City
The city has been growing quickly as indicated by approvals for new housing as well as hundreds of apartments in development. This growth can present opportunities for further development and high demand for property.

Expansion of Commercial Facilities
ABJ has published the sentiments of the city also seeking commercial growth with the development of new retail spaces including a potential H-E-B and Home Depot. This would likely increase local property values and attract more people to the area, benefiting investors.

Buyer to independently verify all information.

Located on E Hwy 290 mid way between Manor and Elgin with approximately 495ft of Frontage


Year Built: 1983
Building Size: 17304sq ft
Lot Size: 12.71 acres


Documents

14719 US-290 E Fema MAP.pdf
Sale Brochure

Map of 14719 Us Highway 290 E, 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.