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    Industrial Warehouse with Gated Lot Title is generated by Realmo AI

    6299 Newt Patterson Road, Mansfield, TX 76063

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    For Lease
    $2,500/Mo $15 SF/Yr (calc)

    COMMERCIAL - Mansfield, TX

    Property size:
    2,000 SF
    Lot size:
    0.93 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 2 at 7:06 pm

    Property Features for 6299 Newt Patterson Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Property condition
    Under Construction
    Parking features
    Gated
    Standard status
    Active
    APN
    42055022
    Lot size
    0.93 Acres

    Taxes and HOA fees

    Tax Description
    MCDONALD, JAMES SURVEY ABSTRACT 997 TRACT 8B0

    Building Details

    Year built
    2026
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Colton Kurth

    Listing agent Colton Kurth License #0723072

    Listing office BTRG Property Mgmt, LLC Midlothian, TX

    Listing date Apr 14, 2026

    MLS# 21238179

    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.

    HighLights

    • 2,000 SF industrial warehouse available for lease in Mansfield, with easy access to US‑287 and major thoroughfares
    • Under construction with Year Built 2026; metal siding exterior and metal roof
    • Concrete slab foundation with clear heights from 15 to 20 feet
    • Roll‑up door for loading and unloading
    • 0.93‑acre gated lot with electric access for trucks, trailers, and service vehicles
    • Electricity available; suited for storage, equipment housing, and light industrial/service uses

    Overview

    This industrial warehouse offers 2,000 square feet of practical flex/warehouse space designed for everyday loading, storage, and light operations. The building is supported by a concrete slab foundation and features durable metal construction. Clear heights range from 15 to 20 feet, providing flexibility for racking and equipment storage. A roll-up door supports straightforward move-in and loading, while the interior layout is described as flexible to help tenants tailor the space to their specific operational needs. The property also includes electricity and a gated lot with electric access.

    Located in Mansfield, TX, the site provides convenient access to major thoroughfares, including US-287. The secured, gated yard is intended to support efficient truck, trailer, and service vehicle access for contractors and other service-based businesses.

    This offering is well-suited for tenants seeking additional warehouse or storage capacity, including contractors, lawn care and landscaping companies, HVAC, plumbing, and electrical services, as well as distribution or general service-based operations. With its loading functionality, reasonable vertical clearance, and secure yard access, it supports a range of small to mid-sized industrial and service uses that need reliable space to operate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel Gym & Fitness Center

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

    Similar Places Nearby

    • C & S Storage — 305 smith st, mansfield, tx 76063
    • Knapp Sisters Self Storage — 100 Newt Patterson Rd, Mansfield, TX 76063
    • Daniella Storage Units — 10 Tanager Ct, Mansfield, TX 76063
    • Nearby Storage Units - Mansfield, TX — 1351 U.S. 287 Frontage Rd, Mansfield, TX 76063
    • ​Preferred Storage Unit — 109 W Broad St, Mansfield, TX 76063

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.18486
    Latitude
    32.586588

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    FAQs

    What type of property is this?
    Warehouse - Functional warehouse space with roll-up access and clear heights for contractors, services, and light industrial storage needs.
    Where is this warehouse located?
    The property is located at 6299 Newt Patterson Road Mansfield, TX.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: 2,000 SF industrial warehouse available for lease in Mansfield, with easy access to US‑287 and major thoroughfares; Under construction with Year Built 2026; metal siding exterior and metal roof; Concrete slab foundation with clear heights from 15 to 20 feet
    (972) 246-8375
    We can help!
    Listing Contact
    Colton Kurth
    Real Estate License ID: 0723072
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    6299 Newt Patterson Road, Mansfield, TX 76063
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