Flex Space with 12' Bay
For Sale
$350,000
3908 Mansfield Highway, Forest Hill, TX 76119
Flex space with pull-through access, a back storage area, and a 12' bay door, zoned General Business Commercial.
Property Size4,570 SF
Price / SF$76.59
Days on Market94
Property Features for 3908 Mansfield Highway
General Information
Standard status
Active
Size
4,570 SF
Total Parking Spaces
6
Property subtype
Business
Zoning
General Business Commercial
Additional Details
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$9,111
Building Details
Building Size
4,570 SF
Year Built
1956
Listing Agency:
One West Real Estate Co. LLC
Listed By:
Angela Hornburg · License #0620365
(817) 771-0998
Source:
Nilesrealtygroup
Added: Jul 28
Changed: Oct 26
Last Checked: Oct 28 at 4:59PM
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 One West Real Estate Co. LLC
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Investment Insights
Based on property information with market context.
This flex space features a 4,570 SF building with space currently used for screen printing. The property includes 6 dedicated parking spots and a pull-through lane that leads to a back storage area. A 12' bay door supports straightforward loading and access for a range of light commercial uses. Currently zoned General Business Commercial, the building can support a variety of businesses.
Built in 1956, the property is set up for practical operations with on-site parking and rear access via the pull-through lane. The dedicated parking helps with employee and customer convenience, while the bay door and back storage area support day-to-day product handling.
With its combination of existing buildout for production use and flexible access for deliveries, this property offers a functional footprint for businesses that need both workspace and convenient loading access.
Built in 1956, the property is set up for practical operations with on-site parking and rear access via the pull-through lane. The dedicated parking helps with employee and customer convenience, while the bay door and back storage area support day-to-day product handling.
With its combination of existing buildout for production use and flexible access for deliveries, this property offers a functional footprint for businesses that need both workspace and convenient loading access.
Key Highlights
- 4,570 SF flex space building
- 12' bay door plus back storage area
- Pull‑through lane for convenient rear access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,768
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,360
$515.4K
Cap Rate 7%
$368,114
$368.1K
Cap Rate 9%
$286,311
$286.3K
Market Conditions
NOI Build-Up for 4,570 SF
Gross rent
$41.1K $9.00/SF
− Vacancy
−$4.3K −$0.95/SF
EGI
$36.8K $8.06/SF
− OpEx
−$11.0K −$2.42/SF
NOI
$25.8K $5.64/SF
Area
Tarrant County, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,360
Cap Rate 7%
$368,114
Cap Rate 9%
$286,311
Alternative Uses
Best Use
Flex RnD
$717.0K
$627.4K – $836.5K
NOI $50,190 @ 7.0% cap · market cap 14.34%
Second Best
Industrial
$368.1K
$322.1K – $429.5K
NOI $25,768 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,532 @ 7.0% cap · market cap 32.15%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Under-served
Demand for This Use
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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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Catering By Janet — 3316 Grady St, Forest Hill, TX 76119
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with pull-through access, a back storage area, and a 12' bay door, zoned General Business Commercial.
Where is this flex space located?
The property is located at 3908 Mansfield Highway Forest Hill, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4,570 SF flex space building; 12' bay door plus back storage area; Pull‑through lane for convenient rear access
