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    764 S Mitchell Rd Mansfield, TX 76063

    For Sale
    $9,500,000

    Unimproved Land - Mansfield, TX

    Type:Unimproved Land
    Lot size:
    36.69 Acres
    Days on Market:
    272
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 764 S Mitchell Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    42569671
    Lot size
    36.69 Acres

    Building Details

    Architectural style
    Other

    Bob Vinson Real Estate (817) 690-9901 [email protected]

    Listing agent Bob Vinson (817) 690-9901 License #0329112

    Listing date Mar 13, 2025

    MLS# 20446456 Listing URL

    Copyright © 2025 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.

    Overview

    Vacant Land in Developing Area

    This vacant land property, encompassing 36.694 acres according to a survey dated May 03, 2018, is situated south of Heritage Parkway, between US Highway 287 S and Mitchell Road. An engineer estimates that approximately six acres are located within a flood area. The land is positioned within a rapidly developing area. A highway access road is under development on the west side along US Highway 287 S. To the north, substantial commercial and industrial buildings have been recently constructed. A hospital to the northeast is undergoing expansion, and a new hospital has recently opened to the south. Residential homes are being rapidly developed to the south, along with new schools. The property's intended use is commercial and industrial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.108321
    Latitude
    32.549594

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    FAQs

    What type of property is this?
    Land - 36.694 acres of unimproved land in rapidly developing Mansfield, TX.
    Where is this land located?
    The property is located at 764 S Mitchell Rd Mansfield, TX.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: - 36.694 Acres of vacant land in a rapidly developing area.; - Located south of Heritage Pkwy between US Hwy 287 S and Mitchell Rd.; - Highway access road being developed on the west side (US Hwy 287 S).
    (817) 690-9901
    Request Owner's contact information
    764 S Mitchell Rd Mansfield, TX 76063
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    Mansfield, TX 76063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    764 S Mitchell Rd Mansfield, TX 76063
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