High-Visibility Retail
3354 Mansfield Highway Forest Hill, TX 76119
New
3354 Mansfield Highway, Forest Hill, TX, 76119
$495,000
For Sale
$495,000
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 Market3
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
Rene Jensen · License #0638228
(214) 532-6823
Source
Lonestarluxuryrealty
Added: Jul 20 Updated: Jul 22 at 2:35AM Checked: Jul 22 at 2:35AM
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
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)
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.3k | $24.96 |
| − Vacancy | −$2.4k | −$1.25 |
| EGI | $45.9k | $23.71 |
| − OpEx | −$13.8k | −$7.11 |
| NOI | $32.1k | $16.60 |
1,935 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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)
