Warehouse and Office with Dock
For Sale
Contact for pricing
511 5th Ave, Mansfield, TX 76063
Tilt-wall warehouse with insulated roof and dock doors plus a freestanding brick office building, zoned Light Industrial.
Property Size20,625 SF
Lot Size1.46 Acres
Price / SF$115
Days on Market24
Property Features for 511 5th Ave
General Information
Standard status
Active
Size
20,625 SF
Lot size
1.46 Acres
Property subtype
INDUSTRIAL
Zoning
Light Industrial
Warehouse & Industrial
Warehouse Space
18,225 SF
Office Build-Out
2,400 SF
Dock-High Doors
3
Drive-In Doors
1
Amenities
conference room
coffee bar
Building Details
Buildings
2
Construction
tilt-up concrete
Listing Agency:
Team & Vasseur Commercial Real Estate
(817) 929-4728
Listed By:
Gary E Vasseur · License #158025
(817) 929-4728
Source:
Moodyscre
Added: Jul 7
Changed: Jul 29
Last Checked: Jul 30 at 8:23AM
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 Team & Vasseur Commercial Real Estate
Investment Insights
Based on property information with market context.
This facility includes a warehouse totaling approximately 18,225 SF with tilt wall side walls and an insulated metal roof. The warehouse is served by three 10' x 10' dock doors and one 10' x 12' ramped drive-in door.
A separate 2,400 SF office space is housed in a freestanding brick building. It features a reception area, seven offices, a conference room, four ADA restrooms, and a coffee bar.
The property is zoned Light Industrial (City of Mansfield) and sits on 1.46 acres (+/-), providing the land area to support day-to-day operations.
A separate 2,400 SF office space is housed in a freestanding brick building. It features a reception area, seven offices, a conference room, four ADA restrooms, and a coffee bar.
The property is zoned Light Industrial (City of Mansfield) and sits on 1.46 acres (+/-), providing the land area to support day-to-day operations.
Key Highlights
- Approximately 18,225 SF warehouse with tilt wall side walls and insulated metal roof
- Three 10' x 10' dock doors plus one 10' x 12' ramped drive‑in door
- 2,400 SF freestanding brick office with reception, seven offices, and conference room
Financial Insights For Warehouse
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 | $185.6k | $9.00 |
| − Vacancy | −$16.9k | −$0.82 |
| EGI | $168.7k | $8.18 |
| − OpEx | −$25.3k | −$1.23 |
| NOI | $143.4k | $6.95 |
20,625 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Office B
$5.09M
$4.46M – $5.94M
NOI $356,400 @ 7.0% cap · market cap 15.03%
Second Best
Warehouse
$2.05M
$1.79M – $2.39M
NOI $143,423 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$7.26M
$6.35M – $8.46M
NOI $507,870 @ 7.0% cap · market cap 21.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76063, TX
76,914
Population
28,105
Households
2.7
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
50.0 sq mi
ZIP Area
1,538
Density / Sq Mi
$113,177
Median Household Income
$56,480
Median Earnings
$1,762
Median Rent
$378,600
Median Home Value
Market
Properties on Market for Warehouses in Tarrant County
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Tilt-wall warehouse with insulated roof and dock doors plus a freestanding brick office building, zoned Light Industrial.
Where is this warehouse located?
The property is located at 511 5th Ave Mansfield, TX.
What is the asking price?
The asking price for this property is $2,371,875.
What are key features of this property?
This property features: Approximately 18,225 SF warehouse with tilt wall side walls and insulated metal roof; Three 10' x 10' dock doors plus one 10' x 12' ramped drive‑in door; 2,400 SF freestanding brick office with reception, seven offices, and conference room
