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Highway 6 & Kirby Drive

Colliers Brokers Sale Of 45-Acre Development Site At Highway 6 And Kirby Drive In Manvel
SOLDLand

Colliers Brokers Sale Of 45-Acre Development Site At Highway 6 And Kirby Drive In Manvel

Building Size

Asset Type

Land

Closing

Jan 27, 2026

AI

A 45-acre development site was sold at the northwest corner of Highway 6 and Kirby Drive in Manvel, Texas. The site provides 2,000 feet of frontage and direct access to key employment hubs in Houston. The market is experiencing significant demand for development land in the Highway 6 corridor, driven by ongoing residential and commercial expansion.

Summary of transaction details:

Colliers facilitated the transaction, showcasing the interest in development opportunities in the area. The deal was represented by James Kadlick, Harrison Kane, and Chris Hutcheson, highlighting the brokerage's involvement in the sale of the land.

Players

James Kadlick

Colliers

Broker

17 deals

Broker

Market Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93