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11019 US Highway 290 E 1,100 SF 100% Leased Retail Building Manor, TX 78653 $1,318,030 CAD ($1,198.21 CAD/SF)
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.
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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$33,298
|
$30.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$33,298
|
$30.27
|
| Taxes |
$13,874
|
$12.61
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,874
|
$12.61
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $33,298 |
| Annual Per SF | $30.27 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $33,298 |
| Annual Per SF | $30.27 |
| Taxes (CAD) | |
|---|---|
| Annual | $13,874 |
| Annual Per SF | $12.61 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $13,874 |
| Annual Per SF | $12.61 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
1,100 SF
Building Class
C
Year Built
1972
Price
$1,318,030 CAD
Price Per SF
$1,198.21 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C-1 - Light Commercial
Parking
6 Spaces (5.45 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 240827 | Total Assessment | $566,134 CAD (2025) |
| Land Assessment | $301,760 CAD (2025) | Annual Taxes | $13,874 CAD ($12.61 CAD/SF) |
| Improvements Assessment | $264,375 CAD (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
240827
Land Assessment
$301,760 CAD (2025)
Improvements Assessment
$264,375 CAD (2025)
Total Assessment
$566,134 CAD (2025)
Annual Taxes
$13,874 CAD ($12.61 CAD/SF)
Tax Year
2023
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11019 US Highway 290 E
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