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11019 US Highway 290 E - Tire Shop 1,100 SF Specialty Building Offered at $950,000 in Manor, TX 78653

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INVESTMENT HIGHLIGHTS

  • 57000 traffic count per day.
  • Accessable by 2 streets.

EXECUTIVE SUMMARY

Excellent location with great access from 2 streets just 2.3 miles down East Hwy 290 from the 130 tollway & right next door to the classic Cafe 290. The current tenants operate a tire shop and are on a month-to-month lease and can stay or go with new owner.
Originally, this property was built as a Texaco service station and the buried fuel tank removal & mitigation has been conducted.
With a daily traffic count of just under 57,000 cars per day, this area and stretch of Hwy 290 is developing and growing quickly while also being in the proximity of Austin-Bergstrom International Airport, Austin Executive Airport, Tesla, Samsung's new $20+Billion factory, The Circuit of the Americas, Bastrop, Lockhart, Taylor, Downtown Austin and much more. Zoning is C-1 and not situated in a flood-zone.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income $24,000 $21.82
Other Income - -
Vacancy Loss - -
Effective Gross Income $24,000 $21.82
Taxes $10,000 $9.09
Operating Expenses - -
Total Expenses $10,000 $9.09
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual $24,000
Annual Per SF $21.82
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $24,000
Annual Per SF $21.82
Taxes
Annual $10,000
Annual Per SF $9.09
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $10,000
Annual Per SF $9.09
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $950,000
Price Per SF $863.64
Sale Type Investment or Owner User
Sale Condition Lease Option
Property Type Specialty
Property Subtype
Lodge/Meeting Hall
  • Specialty Parking Lot
  • Specialty Shelter
  • Specialty Contractor Storage Yard
Building Class C
Lot Size 0.25 AC
Building Size 1,100 SF
No. Stories 1
Year Built 1972
Parking Ratio 5.45/1,000 SF
Opportunity Zone Yes
Zoning C-1 - Light Commercial

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
240827
Land Assessment
$217,500 (2025)
Improvements Assessment
$190,554 (2025)
Total Assessment
$408,054 (2025)
Annual Taxes
$10,000 ($9.09/SF)
Tax Year
2023
  • Listing ID: 31653679

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 11019 US Highway 290 E, Manor, TX 78653

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