Office Condo Unit with Golf
1380 N US Hwy 287 Mansfield, TX 76063
1380 N US Hwy 287, Mansfield, TX, 76063
$1,100,000
For Sale
$1,100,000
SINGLE_FAMILY - Mansfield, TX
Property Size2,483 SF
Lot Size1.43 Acres
Price / SF$443.01
Days on Market158
Property Features for 1380 N US Hwy 287
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Parking Lot
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 43187768
- Lot size
- 1.43 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Combination
- Building materials
- Brick, Block, WoodSiding
- Roof type
- Composition
Listing Agency
Dynamic Real Estate Group
(817) 223-9452
Mansfield, TX
Listed by
Ben Christopherson · License #0726269
(817) 223-9452
Added: Feb 10 Checked: Jul 18 at 3:06 am
MLS# 21163766
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit 101 is a 2,483-square-foot office condominium suite designed with a welcoming front desk reception area, a kitchen, several private office spaces, and a large common area. The layout is functional and flexible, supporting a range of professional workflows. That common area is currently configured with a golf simulator, creating a distinctive amenity that may appeal to certain office or client-experience concepts.
The property is located on the frontage road off Highway 287 in Mansfield, offering convenient access for staff and visitors. It sits within a four-unit office condominium, providing an efficient footprint for an owner-operator or a team seeking to occupy a self-contained suite.
This space is well suited for professional, medical, or creative users who need private offices alongside a larger shared work or meeting area. The current owner will require a leaseback while building their new office, and Unit 101 is also available for lease, providing flexibility for buyers or tenants evaluating timing and occupancy needs.
The property is located on the frontage road off Highway 287 in Mansfield, offering convenient access for staff and visitors. It sits within a four-unit office condominium, providing an efficient footprint for an owner-operator or a team seeking to occupy a self-contained suite.
This space is well suited for professional, medical, or creative users who need private offices alongside a larger shared work or meeting area. The current owner will require a leaseback while building their new office, and Unit 101 is also available for lease, providing flexibility for buyers or tenants evaluating timing and occupancy needs.
Key Highlights
- 2,483 SF office unit (Unit 101) in a four‑unit office condominium
- Includes front desk reception, kitchen, several private offices, and a large common area
- Large common area currently configured with a golf simulator
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.3k | $30.72 |
| − Vacancy | −$19.1k | −$7.68 |
| EGI | $57.2k | $23.04 |
| − OpEx | −$14.3k | −$5.76 |
| NOI | $42.9k | $17.28 |
2,483 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$612.9K
$536.3K – $715.1K
NOI $42,906 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$873.4K
$764.3K – $1.02M
NOI $61,141 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 4-unit office condominium suite with reception, kitchen, private offices, and a large common area currently set up for a golf simulator.
Where is this office units located?
The property is located at 1380 N US Hwy 287 Mansfield, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,483 SF office unit (Unit 101) in a four‑unit office condominium; Includes front desk reception, kitchen, several private offices, and a large common area; Large common area currently configured with a golf simulator
