Mansfield Warehouse Property For
For Sale
Contact for pricing
701 South 6th Avenue, Mansfield, TX 76063
12,000 sqft warehouse/industrial property available in Mansfield, Texas.
Property Size12,000 SF
Price / SF$139
Days on Market155
Property Features for 701 South 6th Avenue
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Industrial
Building Details
Tenancy
Multi
Listing Agency:
InterHomes Realty
Listed By:
Keziah Farrar · License #0549444
(817) 668-0508
Source:
Crexi
Added: May 15
Changed: Oct 12
Last Checked: Oct 14 at 11:52PM
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 InterHomes Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 12,000 square foot warehouse/industrial property. The property is located in Mansfield, Texas.
Key Highlights
- 12,000 sqft warehouse/industrial property available.
- Located in Mansfield, Texas.
- Warehouse property.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,446
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,668,920
$1.7M
Cap Rate 7%
$1,192,086
$1.2M
Cap Rate 9%
$927,178
$927.2K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$108.0K $9.00/SF
− Vacancy
−$9.8K −$0.82/SF
EGI
$98.2K $8.18/SF
− OpEx
−$14.7K −$1.23/SF
NOI
$83.4K $6.95/SF
Area
Tarrant County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,668,920
Cap Rate 7%
$1,192,086
Cap Rate 9%
$927,178
Alternative Uses
Best Use
Warehouse
$1.19M
$1.04M – $1.39M
NOI $83,446 @ 7.0% cap · market cap 5.00%
Second Best
Industrial
$966.6K
$845.8K – $1.13M
NOI $67,662 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$4.22M
$3.69M – $4.92M
NOI $295,488 @ 7.0% cap · market cap 17.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- E-Z Self Storage — 405 S Main St, Mansfield, TX 76063
Frequently Asked Questions
What type of property is this?
Warehouse - 12,000 sqft warehouse/industrial property available in Mansfield, Texas.
Where is this warehouse located?
The property is located at 701 South 6th Avenue Mansfield, TX.
What is the asking price?
The asking price for this property is $1,668,000.
What are key features of this property?
This property features: 12,000 sqft warehouse/industrial property available.; Located in Mansfield, Texas.; Warehouse property.
