Property profile

223 Depot St Mansfield, TX 76063

FOR SALE
Turn key restaurants
Property ID
US82-1612591
2,900 SF 0.51 ac lot Built 1960
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A commercial property in downtown Mansfield, Texas, located just off Main Street at the hard corner of Sycamore and Depot streets, with 3,000 square feet of building space and an existing parking lot plus additional parking across Sycamore Street. The site includes level-to-sloping terrain and is zoned for commercial use, supporting potential uses such as restaurants, breweries, retail, and entertainment. Utilities available on the property include city water, telephone service, 3-phase electricity, and natural gas, and the building includes an equipped kitchen suitable for restaurant operations. The property is positioned in historic downtown Mansfield and is within the Dallas–Fort Worth metroplex, with access supported by nearby arterial traffic, and has the following supporting area demographics: within a 1-mile radius, a total population of 8,157 and daytime population of 14,381 with average household income of $94,422; within 3 miles, total population 47,333 and daytime population 55,124 with average household income of $136,543; and within 5 miles, total population 129,938 and daytime population 114,278 with average household income of $144,162.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 2,900 SF
Lot 0.51 ac (22,216 SF)
APN 24750---63----6---20
UPID US82-1612591

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

223 Depot St Mansfield, TX 76063
Mansfield metro Census 111308 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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