Flex Space with 12-Foot Bay
For Sale
$375,000
3908 Mansfield Highway, Forest Hill, TX 76119
CommercialSale, Forest Hill, TX
Property Size4,570 SF
Lot Size0.31 Acres
Price / SF$82.06
Days on Market95
Property Features for 3908 Mansfield Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
COM'L BLDG
Parking features
Parking Lot
Subdivision
DE LA GARZA, MARCELINE SURVEY ABSTRACT 617 TRACT 4
Lot features
Back Yard, Interior Lot, Lawn
Directions
From I-20 E, take exit to Wichita St, turn left onto Wichita St, turn right onto 287 Business Mansfield Hwy, building will be on the right.
Standard status
Active
APN
03909468
Lot size
0.31 Acres
Taxes and HOA fees
Tax Description
DE LA GARZA, MARCELINE SURVEY ABSTRACT 617 TR
Tax Annual Amount
9111
Legal Description
DE LA GARZA, MARCELINE SURVEY ABSTRACT 617 TR
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Building Details
Year built
1956
Floors in Building
2
Number of units
1
Flooring type
Carpet, Concrete, Wood
Building materials
MetalSiding
Roof type
Flat, Metal
Listing Agency:
One West Real Estate Co. LLC
(682) 422-3814
Listed By:
Angela Hornburg
(682) 422-3812
Added: Jul 16
Changed: Sep 15
Last Checked: Oct 18 at 2:06PM
MLS# 21286957
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,570 SF flex property occupies a 0.312-acre lot and is currently configured for screen printing. The building includes concrete, wood, and carpet flooring, central air, central electric heat, and a 12' bay door serving the rear storage area. A pull-through lane provides circulation from the front parking lot to the back of the property, where additional storage space is located.
The site has 6 dedicated parking spots and is served by public water and public sewer. Built in 1956, the building features metal siding and a flat metal roof. General Business Commercial zoning supports the property's existing commercial use and documented operational configuration.
The site has 6 dedicated parking spots and is served by public water and public sewer. Built in 1956, the building features metal siding and a flat metal roof. General Business Commercial zoning supports the property's existing commercial use and documented operational configuration.
Key Highlights
- 4,570 SF flex building on a 0.312‑acre lot
- 12' bay door provides access to the back storage area
- Pull‑through lane connects the parking lot with rear storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,768
Cap Rate
6.87%
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 13.38%
Second Best
Industrial
$368.1K
$322.1K – $429.5K
NOI $25,768 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,532 @ 7.0% cap · market cap 30.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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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Cap Rate, Value Estimation, Potential NOI and more
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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 - General Business Commercial zoning, pull-through access, and dedicated parking support a range of commercial operations.
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 $375,000.
What are key features of this property?
This property features: 4,570 SF flex building on a 0.312‑acre lot; 12' bay door provides access to the back storage area; Pull‑through lane connects the parking lot with rear storage
