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Multi-Parcel Development Land
For Sale
$3,500,000

1502 Highway 157 N, Mansfield, TX 76063

Four connected parcels offer flexibility for a multi-level development including office and retail alongside small-lot homes.

Property SizeContact for details
Lot Size12.00 Acres
Days on Market47

Property Features for 1502 Highway 157 N

General Information

Standard status Active
Lot size 12.00 Acres
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $41,273

Building Details

Year Built 1980
Listing Agency: Dynamic Real Estate Group
Listed By: Justin Lackey · License #0735314
Source: Nilesrealtygroup
Added: Jun 27 Changed: Aug 8 Last Checked: Aug 8 at 8:06AM

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 Dynamic Real Estate Group

Investment Insights

Based on property information with market context.

This offering includes four separate parcels in Mansfield that combine for more than 12 acres. The land is being sold as a connected opportunity spanning two access points, designed for developers considering a plan that can accommodate multiple development levels.

The parcels connect Highway 157 and Towne Crossing, giving the site a direct relationship to established roadway and retail-adjacent activity. The configuration allows for site planning across different uses, with room to consider a mix of small-lot single family development as well as office space and retail.

For buyers and developers, the primary value of this assemblage is its flexibility. The property supports a mixed development approach that can be structured to include small-lot homes while also incorporating office and retail uses. Because the sale is comprised of multiple parcels, it may also appeal to teams looking to consolidate holdings into a single coordinated development footprint. This is a land opportunity for those preparing concept plans for a multi-use project at a site linking Highway 157 and Towne Crossing.

Key Highlights

  • Sale includes 4 parcels in Mansfield totaling 12+ acres
  • Parcels connect Highway 157 and Towne Crossing
  • Multiple development possibilities mentioned, including small‑lot single‑family, office space, and retail

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Grocery & Convenience Store Food Market Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

577
Businesses Nearby

Demographics for 76063, TX

76,914
Population
28,105
Households
2.7
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
50.0 sq mi
ZIP Area
1,538
Density / Sq Mi
$113,177
Median Household Income
$56,480
Median Earnings
$1,762
Median Rent
$378,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Four connected parcels offer flexibility for a multi-level development including office and retail alongside small-lot homes.
Where is this commercial land located?
The property is located at 1502 Highway 157 N Mansfield, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Sale includes 4 parcels in Mansfield totaling 12+ acres; Parcels connect Highway 157 and Towne Crossing; Multiple development possibilities mentioned, including small‑lot single‑family, office space, and retail
More about this property
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