Back to Search

Commercial Buildings on FM 1187

1791 Highway 1187 Mansfield, TX 76063

1791 Highway 1187, Mansfield, TX, 76063

$595,000

For Sale

$595,000

Two commercial buildings on one acre in Mansfield, Texas.

Property Size4,900 SF

Lot Size1.00 Acre

Price / SF$121.43

AddedMay 19

Days on Market58

Last RefreshJul 8 at 4:46 pm

Property Features for 1791 Highway 1187

General Information

Standard status: Active
Size: 4,900 SF
Lot size: 1.00 Acre
Property subtype: Commercial

Building Details

Year Built: 1989

Listing office eXp Realty LLC

Listing date May 19, 2026

Source Signaturere

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 eXp Realty LLC

Investment Insights

Based on property information with market context.

The property features two commercial buildings located at 1791 FM 1187 in Mansfield, Texas. The main warehouse provides 4,000 square feet of space, including an office, two restrooms, and a break room. It has been newly renovated and includes AC units. A separate 900-square-foot building, renovated for office and storage use, is also present on the property. This building is insulated and equipped with AC. The property, encompassing one acre, was previously used as an event venue. The listing includes the buildings and land only.

Key Highlights

Two buildings: 4,000 sq ft warehouse with office, and a separate 900 sq ft office/storage building.
Recent renovations including new AC units in the main warehouse and AC/insulation in the smaller building.
Includes 1 acre of land.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$44.1k	$9.00
− Vacancy	−$4.0k	−$0.82
EGI	$40.1k	$8.18
− OpEx	−$6.0k	−$1.23
NOI	$34.1k	$6.95

4,900 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%

Alternative Uses

Best Use

Office B

$1.21M

$1.06M – $1.41M (±1% cap)

NOI $84,672 @ 7.0% cap · market cap 14.23%

Second Best

Warehouse

$486.8K

$425.9K – $567.9K (±1% cap)

NOI $34,074 @ 7.0% cap · market cap 5.73%

Theoretical Best

Office A

$1.72M

$1.51M – $2.01M (±1% cap)

NOI $120,658 @ 7.0% cap · market cap 20.28%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Similar For Sale Nearby

$725,000

Cleared Commercial Development Site

Cleared land behind H-E-B offers convenient access and visibility for retail or office development in Mansfield.

280 N Mitchell Road, Mansfield, TX 76063

View Details
$680,700

Corner Retail and Restaurant Land

Highly visible corner site at a four-way intersection, already zoned for retail, office, and food uses.

801 Lillian Road, Mansfield, TX 76063

View Details
$849,900

Commercial Corner Development Land

Development-ready land offering a corner location and rolling elevation for neighborhood-serving retail and services.

1340 W Broad Street, Mansfield, TX 76063

View Details
$2,700,000

Leased Medical Office Building

A near-new medical office building is fully leased to medical tenants with young leases.

1701 Fountainview Drive, Mansfield, TX 76063

View Details
$539,000

2,444 SF

Tenant-Occupied Duplex Investment

Duplex with two 3-bedroom, 2-bath units, both leased through 2026 and each with a 2-car garage and private backyard.

1334 Piedmont Drive, Mansfield, TX 76063

View Details
$1,500,000

Pre-Development Zoned Corner Land

Five-acre corner parcel zoned PR (Pre-Development) with access to two minor arterial roads.

2507C Howell Drive, Mansfield, TX 76084

View Details
$2,417,000

Corner Commercial Development Land

Commercial corner land with utilities available and approvals nearby for mixed-use and residential development.

700 E Broad Street, Mansfield, TX 76063

View Details
$425,000

Commercial Development Lot

A prime Mansfield site ready for fast food or office development with strong local civic and retail proximity.

1010 E Broad Street, Mansfield, TX 76063

View Details
$125,000

C-2 Zoned Commercial Land Parcel

Zoned C-2 in a central Mansfield setting, this cleared parcel offers flexible development potential for community business uses.

801 S Main Street, Mansfield, TX 76063

View Details
$6,553,820

Zoned Commercial Land Frontage

6+ acre Mansfield corridor parcel with direct frontage, utilities, and zoning for retail, office, and restaurant uses.

1848 E Broad Street, Mansfield, TX 76063

View Details
$575,000

Zoned Medical/Professional Land Lot

Last available lot in a business park suited for deed-restricted medical or professional office development.

1031 Matlock Road, Mansfield, TX 76063

View Details
$1,100,000

Office Condo Unit with Golf Simulator

4-unit office condominium suite with reception, kitchen, private offices, and a large common area currently set up for a golf simulator.

1380 N US Hwy 287, Mansfield, TX 76063

View Details

Similar Off Market Nearby

Extra Space Storage — 1351 FM1187, Mansfield, TX 76063
A-Affordable RV & Boat Storage — 8040 Rendon Bloodworth Rd, Mansfield, TX 76063
Premium Storage — 2180 FM1187, Mansfield, TX 76063

For sale
Warehouses
TX
Mansfield
76063
1791 Highway 1187

What type of property is this?

Warehouse - Two commercial buildings on one acre in Mansfield, Texas.

Where is this warehouse located?

The property is located at 1791 Highway 1187 Mansfield, TX.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Two buildings: **4,000 sq ft warehouse with office, and a separate 900 sq ft office/storage building**.; Recent renovations including **new AC units in the main warehouse and AC/insulation in the smaller building**.; Includes 1 acre of land.