High-Visibility Retail
For Sale
$495,000
3354 Mansfield Highway, Forest Hill, TX 76119
For sale retail property with frontage along Mansfield Hwy, offering flexible commercial uses subject to zoning and approvals.
Property Size1,935 SF
Price / SF$255.81
Days on Market94
Property Features for 3354 Mansfield Highway
General Information
Standard status
Active
Size
1,935 SF
Property subtype
Retail
Building Details
Year Built
1955
Listing Agency:
Tidwell & Ellis RealEstate Srv
(817) 600-3622
Listed By:
Richard Odom · License #0638228
(972) 596-3769
Source:
Lonestarluxuryrealty
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 20 at 10:08PM
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 Tidwell & Ellis RealEstate Srv
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Investment Insights
Based on property information with market context.
For sale retail space at 3354 Mansfield Highway in Forest Hill, TX. The property is positioned for commercial exposure with frontage along Mansfield Hwy and is described as a versatile option for a range of uses.
The asset’s accessibility and visibility are intended to support business locations that benefit from drive-by exposure. The Mansfield Highway corridor is noted as serving the greater Fort Worth market, with convenient access to surrounding residential communities and established businesses.
The property’s flexibility is highlighted for potential retail, service businesses, office users, automotive-related concepts, specialty businesses, or future redevelopment, subject to zoning and applicable approvals. This makes it suitable for both owner-users seeking a recognizable, accessible site and investors exploring repositioning or leasing opportunities.
The asset’s accessibility and visibility are intended to support business locations that benefit from drive-by exposure. The Mansfield Highway corridor is noted as serving the greater Fort Worth market, with convenient access to surrounding residential communities and established businesses.
The property’s flexibility is highlighted for potential retail, service businesses, office users, automotive-related concepts, specialty businesses, or future redevelopment, subject to zoning and applicable approvals. This makes it suitable for both owner-users seeking a recognizable, accessible site and investors exploring repositioning or leasing opportunities.
Key Highlights
- Frontage along Mansfield Hwy on a high‑traffic corridor serving the greater Fort Worth market
- Flexible commercial potential for retail, service businesses, office users, automotive‑related concepts, or specialty businesses (subject to zoning)
- Versatile property suitable for owner‑users, investors, or redevelopment strategies (subject to zoning and approvals)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,118
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,360
$642.4K
Cap Rate 7%
$458,829
$458.8K
Cap Rate 9%
$356,867
$356.9K
Market Conditions
NOI Build-Up for 1,935 SF
Gross rent
$48.3K $24.96/SF
− Vacancy
−$2.4K −$1.25/SF
EGI
$45.9K $23.71/SF
− OpEx
−$13.8K −$7.11/SF
NOI
$32.1K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,360
Cap Rate 7%
$458,829
Cap Rate 9%
$356,867
Alternative Uses
Best Use
Retail
$458.8K
$401.5K – $535.3K
NOI $32,118 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$680.7K
$595.6K – $794.1K
NOI $47,647 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
Explore this area
Business Placement
Demographics for 76119, TX
50,850
Population
16,697
Households
3
Avg Household Size
32
Median Age
8%
College-Educated
66%
High-School Grad
15.9 sq mi
ZIP Area
3,198
Density / Sq Mi
$46,537
Median Household Income
$29,387
Median Earnings
$1,234
Median Rent
$146,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - For sale retail property with frontage along Mansfield Hwy, offering flexible commercial uses subject to zoning and approvals.
Where is this retail space located?
The property is located at 3354 Mansfield Highway Forest Hill, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Frontage along Mansfield Hwy on a high‑traffic corridor serving the greater Fort Worth market; Flexible commercial potential for retail, service businesses, office users, automotive‑related concepts, or specialty businesses (subject to zoning); Versatile property suitable for owner‑users, investors, or redevelopment strategies (subject to zoning and approvals)
