Flexible Retail/Industrial
For Sale
Contact for pricing
4930 Mansfield Highway, Forest Hill, TX 76119
Visible Mansfield Highway site with a shell building on about 1.4 acres, suited for retail, automotive, or storage uses.
Property Size7,100 SF
Lot Size1.40 Acres
Price / SF$239.44
Days on Market173
Property Features for 4930 Mansfield Highway
General Information
Standard status
Active
Size
7,100 SF
Lot size
1.40 Acres
Property subtype
Industrial, Retail, Special Purpose
Zoning
C1C
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2026
Units
1
Listing Agency:
Our Coventry Realty
(214) 766-5833
Listed By:
Lexia Crawford · License #TX 0564034
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Aug 10 at 3:13PM
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 Our Coventry Realty
Investment Insights
Based on property information with market context.
This 1.4-acre commercial property includes a ±7,100-square-foot shell building, providing a blank-canvas interior that can be customized for a variety of commercial operations. The flexible layout and ample land area support multiple business concepts, including retail, automotive, storage, and service-based uses, subject to buyer verification of suitability.
The property is on Mansfield Highway in Southeast Fort Worth, offering easy access to major thoroughfares along a well-traveled corridor connecting Fort Worth to neighboring markets. It is also surrounded by residential and commercial development, supporting customer and operations accessibility.
Information in the listing is provided for buyer evaluation, and the buyer or buyer’s agent is advised to verify all details.
The property is on Mansfield Highway in Southeast Fort Worth, offering easy access to major thoroughfares along a well-traveled corridor connecting Fort Worth to neighboring markets. It is also surrounded by residential and commercial development, supporting customer and operations accessibility.
Information in the listing is provided for buyer evaluation, and the buyer or buyer’s agent is advised to verify all details.
Key Highlights
- 1.4‑acre commercial site on Mansfield Highway in Fort Worth with a ±7,100 SF shell building
- Shell building offers a blank canvas for buyer build‑out for a range of commercial uses
- Versatile site suitable for retail, automotive, storage, service‑based businesses, or other general commercial operations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$117,849
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,356,980
$2.4M
Cap Rate 7%
$1,683,557
$1.7M
Cap Rate 9%
$1,309,433
$1.3M
Market Conditions
NOI Build-Up for 7,100 SF
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.
Gross rent
$177.2K $24.96/SF
− Vacancy
−$8.9K −$1.25/SF
EGI
$168.4K $23.71/SF
− OpEx
−$50.5K −$7.11/SF
NOI
$117.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,356,980
Cap Rate 7%
$1,683,557
Cap Rate 9%
$1,309,433
Alternative Uses
Best Use
Retail
$1.68M
$1.47M – $1.96M
NOI $117,849 @ 7.0% cap · market cap 6.93%
Second Best
Flex RnD
$1.11M
$974.7K – $1.30M
NOI $77,975 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$2.50M
$2.19M – $2.91M
NOI $174,830 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Ruby Lee's Kitchen — 5317 Mansfield Hwy, Fort Worth, TX 76119
- Professional Cater's of Amer — 6309 Anglin Dr, Forest Hill, TX 76119
Frequently Asked Questions
What type of property is this?
Flex space - Visible Mansfield Highway site with a shell building on about 1.4 acres, suited for retail, automotive, or storage uses.
Where is this flex space located?
The property is located at 4930 Mansfield Highway Forest Hill, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 1.4‑acre commercial site on Mansfield Highway in Fort Worth with a ±7,100 SF shell building; Shell building offers a blank canvas for buyer build‑out for a range of commercial uses; Versatile site suitable for retail, automotive, storage, service‑based businesses, or other general commercial operations
