20350 Morris AveManvel, TX 77578

For Sale
$899,000

Prime Manvel location, high occupancy, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4,927 square foot retail storefront, located at 20350 Morris Ave in Manvel, Texas, presents a lucrative investment opportunity. Situated on a 0.466-acre lot (34,236 square feet), this Class C property boasts a substantial 7,000 square foot asphalt parking area, providing ample parking with a ratio of 3.04 spaces per 1,000 square feet. Currently operating at 100% occupancy, this single-tenant building offers immediate cash flow. Built in 1976, the one-story structure is ideally positioned in a high-traffic area of Manvel, within Brazoria County, zip code 77578. The asking price is $899,000, representing a 100% capitalization rate. The property's prime location and substantial lot size make it perfectly suited for a wide range of businesses. The property's APN is 6398-0037-120. This is a rare opportunity to acquire a well-established, high-performing commercial property in a thriving Texas market. Don't miss out on this chance to secure a strong investment with significant upside potential.

Highlights

  • Exceptional 4,927 SF retail storefront in Manvel, TX.
  • 0.46-acre lot (34,236 SF).
  • Suitable for various businesses.
  • 7,000 SF asphalt parking area (3.04 spaces/1,000 SF).

Property Details for 20350 Morris Ave

Property type
Other retail properties, Individual retail properties
Square Feet
4,927 SF
Class
C
Year Built
1976
Stories
1
Lot Size (sq. ft)
20,299 SF

Location Insight

City
Manvel
County
Brazoria
State
Texas
Latitude
29.4659342
Longitude
-95.3526779
20350 Morris Ave, Manvel, Texas

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20350 Morris Ave
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