Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1900 Fm Rd 1187 Mansfield, TX

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with frontage on Highway 1187 and Bloodworth.

    Lot size:
    2.50 Acres

    Property Features for 1900 Fm Rd 1187

    General Information

    Lot size
    2.50 Acres

    We can help!

    Listing Contact
    Aaron Stalberger
    Source: Moodyscre

    Listing Agency: AngMar Realty Listing Agent: Aaron Stalberger

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

    Learn more

    Overview

    Commercial Land with Highway Frontage

    This commercial land is zoned C-3 and features approximately 230 feet of frontage on Highway 1187 and about 500 feet of frontage on Bloodworth. Located west of Mansfield on the northwest corner of Highway 1187 and Bloodworth, the area is experiencing rapid growth. Highway 1187 is planned to be widened to four lanes. Utilities are available to the site, with sewer access located approximately 300 feet across Bloodworth.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1416768
    Latitude
    32.5631924

    Nearby Similar for Sale

    • $747,000
      1,100 SF

      Versatile Commercial Space in Mansfield

      1,100 sq. ft. commercial space in Historic Downtown Mansfield.
      400 E Broad St, Mansfield, TX 76063
      View Details
    • $449,997
      0.08 Acres

      Tuscan Condo Suites Office Space

      Four large offices in Tuscan Condo Suites, Mansfield, TX.
      550 N Walnut Creek Dr, Mansfield, TX 76063
      View Details
    • $2,700,000
      5,000 SF

      New Leased Medical Office Building

      Fully leased medical office building near upcoming development.
      1701 Fountainview Dr, Mansfield, TX 76063
      View Details
    • $795,000
      0.06 Acres

      Historic Retail Space on Main

      Retail space in historic downtown Mansfield, great visibility and traffic.
      130 N Main St, Mansfield, TX 76051
      View Details
    • $500,000
      0.37 Acres

      Versatile Property Near Water Mill Square

      Flexible property near downtown Mansfield with multiple potential uses.
      205 W Broad St, Mansfield, TX 76063
      View Details
    • $750,000
      0.50 Acres

      New Industrial Building, Mansfield, TX

      New 6,000 SF industrial building with lease-to-own option.
      7628 Dick Price Rd, Mansfield, TX 76063
      View Details
    • $1,100,000
      2,483 SF

      Functional Office Space on Highway

      Versatile 2,483 sq ft office space on 1.43 acres.
      1380 N Us Hwy 287 Hwy, Mansfield, TX 76063
      View Details
    • $795,000

      Historic Downtown Retail/Office Opportunity

      Retail or office space in historic downtown Mansfield on Main.
      130 N Main St, Mansfield, TX 76063
      View Details
    • $4,558,717

      Fully Occupied Retail Strip Center

      Six-tenant retail strip in a high-growth Mansfield location.
      1205 East Debbie Ln, Mansfield, TX 76063
      View Details
    • $1,750,000
      2,500 SF

      Spacious Ranch with Two Homes

      15.53-acre ranch featuring two homes and a large workshop.
      7251 Bennett Lawson Rd, Mansfield, TX 76063
      View Details
    • Contact for pricing
      4,808 SF

      Kwik Kar NNN Ground Lease

      NNN ground lease in high-growth Dallas-Fort Worth suburb.
      3221 E Broad St, Mansfield, TX 76063
      View Details
    • $3,335,000
      9,139 SF

      Restaurant Investment Opportunity

      NNN property with long-term master lease and annual rental increases.
      109 South Main St, Mansfield, TX 76065
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land with frontage on Highway 1187 and Bloodworth.
    Where is this land located?
    The property is located at 1900 Fm Rd 1187 Mansfield, TX.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Zoned C-3, suitable for commercial development; - High frontage: approx. 230' on Hwy 1187 and approx. 500' on Bloodworth; - Located at the NW corner of Hwy 1187 and Bloodworth
    (817) 539-2430 Call to check price and availability
    Request Owner's contact information
    1900 Fm Rd 1187 Mansfield, TX
    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.
    1900 Fm Rd 1187
    Mansfield, TX
    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
    1900 Fm Rd 1187 Mansfield, TX
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Aaron Stalberger
    (817) 539-2430 (817) 459-6739 (817) 726-6454
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!