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    306 Main St Mansfield, TX 76063

    For Sale
    $3,500,000

    Prime 1.72-acre development opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 1.72-acre property, situated on a full city block in historic downtown Mansfield, Texas, presents a unique investment opportunity. The site boasts significant road frontage of approximately 300 feet along Main Street, providing excellent visibility and accessibility. The property includes two existing buildings: 306 S. Main Street, a 1730-square-foot building featuring three bedrooms and two bathrooms

    Property Features for 306 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    74,923 SF

    Building Details

    Year Built
    1960
    Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.14268
    Latitude
    32.56136

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    FAQs

    What type of property is this?
    Office Property / Space - Prime 1.72-acre development opportunity
    Where is this office property / space located?
    The property is located at 306 Main St Mansfield, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    Request Owner's contact information
    306 Main St 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
    306 Main St Mansfield, TX 76063
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