Mansfield Industrial Property For
For Sale
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717 South 6th Avenue, Mansfield, TX 76063
15,300 sqft industrial property available in Mansfield, Texas.
Property Size15,300 SF
Price / SF$139
Days on Market162
Property Features for 717 South 6th Avenue
General Information
Standard status
Active
Size
15,300 SF
Property subtype
Industrial
Building Details
Year Built
1986
Year Renovated
2024
Buildings
1
Tenancy
Multi
Listing Agency:
InterHomes Realty
Listed By:
Keziah Farrar · License #0549444
(817) 319-4032
Source:
Crexi
Added: May 15
Changed: Oct 9
Last Checked: Oct 23 at 5:30AM
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 industrial property, located in Mansfield, Texas, offers 15,300 square feet of space. The property is suitable for commercial real estate purposes.
Key Highlights
- 15,300 sqft industrial property
- Located in Mansfield, Texas
- Built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,269
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,380
$1.7M
Cap Rate 7%
$1,232,414
$1.2M
Cap Rate 9%
$958,544
$958.5K
Market Conditions
NOI Build-Up for 15,300 SF
Gross rent
$137.7K $9.00/SF
− Vacancy
−$14.5K −$0.95/SF
EGI
$123.2K $8.06/SF
− OpEx
−$37.0K −$2.42/SF
NOI
$86.3K $5.64/SF
Area
Tarrant County, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,380
Cap Rate 7%
$1,232,414
Cap Rate 9%
$958,544
Alternative Uses
Best Use
Industrial
$1.23M
$1.08M – $1.44M
NOI $86,269 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.38M
$4.71M – $6.28M
NOI $376,747 @ 7.0% cap · market cap 17.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - 15,300 sqft industrial property available in Mansfield, Texas.
Where is this industrial property located?
The property is located at 717 South 6th Avenue Mansfield, TX.
What is the asking price?
The asking price for this property is $2,126,700.
What are key features of this property?
This property features: 15,300 sqft industrial property; Located in Mansfield, Texas; Built in 1986
