Forest Hill Retail
5021 Mansfield Hwy Forest Hill, TX 76119
5021 Mansfield Hwy, Forest Hill, TX, 76119
$750,000
For Sale
$750,000
Retail building for sale or lease in Forest Hill, Texas
Property Size1,500 SF
Lot Size0.00 Acres
Price / SF$500
Days on Market256
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
Listing agency
(817) 229-4894
Listed by
Imran
(817) 229-4894
Added: Nov 8, 2025 Updated: Mar 16 at 9:06AM
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
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 | $37.4k | $24.96 |
| − Vacancy | −$1.9k | −$1.25 |
| EGI | $35.6k | $23.71 |
| − OpEx | −$10.7k | −$7.11 |
| NOI | $24.9k | $16.60 |
1,500 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
Similar Off Market Nearby
- FoodLand — 3330 mansfield hwy, forest hill, tx 76119
- American Food Store — Fort Worth, TX 76119
FAQs
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