Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Professional Office Space For Rent Title is generated by Realmo AI

    2400 Highway 287, Mansfield, TX

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Well-maintained office space with easy highway access in Mansfield, TX.

    Type:OFFICE
    Property size:
    4,378 SF
    Lot size:
    6.50 Acres
    Added:
    Feb 26, 2025
    Days on Market:
    459
    Last Refresh:
    May 20 at 8:58 pm

    Property Features for 2400 Highway 287

    General Information

    Standard status
    Active
    Size
    4,378 SF
    Lot size
    6.50 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 2400 Highway 287 Contact us

    We can help!

    Listing Contact
    Tony Gilbert

    Listing agent Tony Gilbert License #295201

    Listing office Capital Property Advisors

    Listing date Feb 26, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Capital Property Advisors

    HighLights

    • Easy access to U.S. Highway 287
    • Professional office space
    • Well maintained office park

    Overview

    This property offers professional office space with easy access to U.S. Highway 287. It is located in a well-maintained office park and provides a total property size of 4378 square feet.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.15545
    Latitude
    32.608112

    Nearby Similar for Lease

    • $2,500/Mo
      2,500 SF

      Warehouse Shop and Office Space

      2500 sqft warehouse shop and office space for lease.
      8040 Rendon Bloodworth Road, Mansfield, TX 76063
      View Details
    • $14,000/Mo
      15,000 SF

      Versatile Office Warehouse in Mansfield

      15,000 SF office warehouse with secure gated parking.
      801 S 4th Avenue, Mansfield, TX 76063
      View Details
    • $21 SF/Yr
      4,000 SF

      Medical/Professional Office Suite For Rent

      Move-in ready office suite perfect for medical or professional use.
      1802 Mansfield Webb Road, Mansfield, TX 76063
      View Details
    • $1,000/Mo

      Mansfield Office & Coworking Space

      Private offices and coworking space available for small businesses.
      2363 Highway 287 N, Mansfield, TX 76063
      View Details
    • $2,500/Mo
      2,000 SF

      Mansfield Industrial Warehouse For Lease

      2,000 SF warehouse with gated lot in Mansfield, Texas.
      6299 Newt Patterson Road, Mansfield, TX 76063
      View Details
    • $1,500/Mo

      Retail Space in Thriving Area

      Located in a thriving area near downtown Mansfield.
      801 N Main Street, Mansfield, TX 76063
      View Details
    • $30 SF/Yr

      Modern Office Space in Mansfield

      New office building near upcoming Mansfield City Hall development.
      120 N Mitchell Road, Mansfield, TX 76063
      View Details
    • $10,000/Mo
      2,483 SF

      Functional Office Space in Mansfield

      Versatile 2,483 sq ft office space for rent.
      1380 N US Hwy 287, Mansfield, TX 76063
      View Details
    • $19 SF/Yr

      Office Space with Highway Frontage

      Office space with excellent visibility on US Highway 287.
      747 Highway 287, Mansfield, TX 76063
      View Details
    • $30 SF/Yr
      5,120-5,120 SF

      APMitchell Building

      5200 SF office space near HEB and Highway 287.
      120 N Mitchell Rd, Mansfield, TX 76063
      View Details
    • $3,650/Mo
      1,840 SF

      Updated Commercial Property on Corner Lot

      Updated commercial property with office and warehouse space for rent.
      6720 Dick Price Road, Mansfield, TX 76063
      View Details
    • $30 SF/Yr
      5,123 SF

      Modern Retail Space in Mansfield

      New retail spaces near upcoming Mansfield City Hall development.
      120 N Mitchell Road, Mansfield, TX 76063
      View Details

    FAQs

    What type of property is this?
    Office units - Well-maintained office space with easy highway access in Mansfield, TX.
    Where is this office units located?
    The property is located at 2400 Highway 287 Mansfield, TX.
    What are key features of this property?
    This property features: Easy access to U.S. Highway 287; Professional office space; Well maintained office park
    (214) 368-9999 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tony Gilbert
    Real Estate License ID: 295201
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2400 Highway 287, Mansfield, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!