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Forest Hill Retail Building

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
Listed by Imran
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 (±1% cap)
NOI $24,898 @ 7.0% cap · market cap 3.32%
Second Best
Specialty Retail
$324.6K
$284.0K – $378.7K (±1% cap)
NOI $22,721 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$527.7K
$461.7K – $615.6K (±1% cap)
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

Suggested Use

Real Estate Agency Law Firm Dental Office Pharmacy Parking Lot & Garage HVAC Service Building Supply Bakery Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
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