106 West Parsons Street, Manor, TX for sale

Investment Overview

106 W Parsons Street is a seven parcel assemblage covering thirteen platted lots and most of a city block in downtown Manor, Texas: a covered land play offering developer ready scale with income in place. The offering comprises ±0.86 acres (±37,375 SF) improved with ±10,340 SF across 13 buildings, zoned C-1 Light Commercial, in a Qualified Opportunity Zone at the corner of Old Hwy 20 and S Lexington St. The established on-site automotive operation conveys, generating income while a buyer works through planning and entitlement — land banking without negative carry. The city's Destination 2050 plan designates the block Downtown Mixed-Use and encourages a Downtown Business rezone for substantial redevelopment: smaller setbacks, greater coverage, more density. - Covered land play: on-site income carries the asset through planning, entitlement, and design. - Near full-block assemblage: ten contiguous parcels in Block 24 of the original Manor townsite; contiguous control that rarely trades downtown. - Opportunity Zone + upzone path: FLUM designates Downtown Mixed-Use; the city encourages a Downtown Business rezone with reduced setbacks and higher coverage. - Utilities in place: City of Manor water and sewer; 6-inch wastewater line in the 20-ft public alley; gas available. - Income in the price: the operational automotive business is included in the $4,300,000 sales price; financials to qualified parties on request. - Ideal for: owner-users seeking scale, investors assembling a land bank in a high-growth submarket, or developers planning a future downtown Manor mixed-use or commercial project.

Investment Highlights

• .86 AC | 7 Parcels | 13 Lots
• +/- 10,340 SF improvements
• Covered Land Play
• Near full-block assemblage
• Opportunity Zone + upzone path
• Utilities in place
• Income in the price