Forest Hill Retail
For Sale
$750,000
5021 Mansfield Hwy, Forest Hill, TX 76119
Retail building for sale or lease in Forest Hill, Texas
Property Size1,500 SF
Lot Size0.00 Acres
Price / SF$500
Days on Market339
Property Features for 5021 Mansfield Hwy
General Information
Standard status
Active
Property type
Grocery and convenience stores, Other restaurants, Individual retail properties, Restaurants
Size
1,500 SF
Lot size
0.00 Acres
Sale Condition
Lease Option
Investment Type
Owner User
Building Details
Year Built
1955
Buildings
1
Stories
1
Units
1
Listed By:
Imran Nasir
(817) 229-4894
Added: Nov 8, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This commercial building in Forest Hill, Texas, offers 1,500 square feet of building space. The property consists of 3 combined lots, totaling 1 acre. It features central heating and cooling for year-round comfort. The property is available for rent at $4,000 per month and is located on Mansfield Hwy. The lot size is 0.46 sq ft.
Key Highlights
- Commercial building offering 1,500 sq ft of building space
- 3 lots combined which equates to a 1 acre lot
- Features central heating and cooling for year‑round comfort
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,898
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,960
$498.0K
Cap Rate 7%
$355,686
$355.7K
Cap Rate 9%
$276,644
$276.6K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$37.4K $24.96/SF
− Vacancy
−$1.9K −$1.25/SF
EGI
$35.6K $23.71/SF
− OpEx
−$10.7K −$7.11/SF
NOI
$24.9K $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 Rate 5%
$497,960
Cap Rate 7%
$355,686
Cap Rate 9%
$276,644
Alternative Uses
Best Use
Retail
$355.7K
$311.2K – $415.0K
NOI $24,898 @ 7.0% cap · market cap 3.32%
Second Best
Specialty Retail
$324.6K
$284.0K – $378.7K
NOI $22,721 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$527.7K
$461.7K – $615.6K
NOI $36,936 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
178
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- FoodLand — 3330 mansfield hwy, forest hill, tx 76119
- American Food Store — Fort Worth, TX 76119
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Retail building for sale or lease in Forest Hill, Texas
Where is this grocery and convenience store located?
The property is located at 5021 Mansfield Hwy Forest Hill, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Commercial building offering 1,500 sq ft of building space; 3 lots combined which equates to a 1 acre lot; Features central heating and cooling for year‑round comfort
