Shell Flex/Industrial Building with
4944 Mansfield Highway Forest Hill, TX 76119
New
4944 Mansfield Highway, Forest Hill, TX, 76119
$1,700,000
For Sale
$1,700,000
COMMERCIAL - Forest Hill, TX
Property Size7,100 SF
Lot Size1.41 Acres
Price / SF$239.44
Days on Market3
Property Features for 4944 Mansfield Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Standard status
- Active
- APN
- 42762594
- Lot size
- 1.41 Acres
Taxes and HOA fees
- Tax Description
- JDS ADDITION BLOCK 1 LOT 2
- Tax Annual Amount
- 2921
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- AluminumSiding, Concrete
- Roof type
- Metal
Listing Agency
Our Covenant Realty, LLC
(817) 516-2000
Fort Worth, TX
Listed by
Lexia Crawford · License #0564034
(817) 301-2246
Added: Jul 16 Checked: Jul 18 at 5:06 am
MLS# 21185581
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.
Investment Insights
Based on property information with market context.
For sale in Forest Hill, TX, this flex/industrial shell building sits on approximately 1.4 acres. The property includes a +/-7,100 square foot shell structure, providing an open canvas for a future build-out to support a range of commercial uses.
The site is positioned on a highly visible stretch of Mansfield Highway in Southeast Fort Worth, offering easy access to major thoroughfares and proximity to surrounding residential and commercial development.
Additional lots are available adjacent to the property for purchase (4928–4944 Bisbee St), and the listing notes that the property is built to suit. Buyer or buyer’s agent to verify all information, including the actual property details at 4930 Mansfield Hwy.
The site is positioned on a highly visible stretch of Mansfield Highway in Southeast Fort Worth, offering easy access to major thoroughfares and proximity to surrounding residential and commercial development.
Additional lots are available adjacent to the property for purchase (4928–4944 Bisbee St), and the listing notes that the property is built to suit. Buyer or buyer’s agent to verify all information, including the actual property details at 4930 Mansfield Hwy.
Key Highlights
- 1.4‑acre commercial property on Mansfield Hwy in Fort Worth (Actual address: 4930 Mansfield Hwy).
- About 7,100 SF shell building currently under construction (Year built: 2026).
- Blank‑canvas shell for buyer build‑out to support a range of commercial uses.
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 | $177.2k | $24.96 |
| − Vacancy | −$8.9k | −$1.25 |
| EGI | $168.4k | $23.71 |
| − OpEx | −$50.5k | −$7.11 |
| NOI | $117.8k | $16.60 |
7,100 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
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
FAQs
What type of property is this?
Flex space - Approx. 7,100 sq. ft. shell building on 1.4 acres along Mansfield Highway, with adjacent lots available.
Where is this flex space located?
The property is located at 4944 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 property on Mansfield Hwy in Fort Worth (Actual address: 4930 Mansfield Hwy).; About 7,100 SF shell building currently under construction (Year built: 2026).; Blank‑canvas shell for buyer build‑out to support a range of commercial uses.
