Newly Constructed Industrial
For Sale
$750,000
7628 Dick Price Road #Warehouse, Mansfield, TX 76063
Commercially zoned metal building with road access and a flexible interior layout.
Property Size6,000 SF
Price / SF$125
Days on Market131
Property Features for 7628 Dick Price Road #Warehouse
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Asking Price
$750,000
Building Details
Building Size
6,000 SF
Year Built
2025
Buildings
1
Stories
1
Units
1
Construction
metal
Listing Agency:
Farah Real Estate
(817) 467-1889
Listed By:
Michael Farah · License #0629105
Source:
Signaturere
Added: Apr 22
Changed: Aug 30
Last Checked: Aug 30 at 12:48PM
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 Farah Real Estate
Investment Insights
Based on property information with market context.
Completed in 2025, this 6,000-square-foot metal warehouse provides a flexible industrial layout within a commercially zoned property. The building includes community water service and road access, with additional storage available as needed. Bathroom and office finish-out may be completed to suit requirements, or the property can be delivered in its existing condition.
The property is located on Dick Price Road in Mansfield, with access to major highways serving Mansfield, Arlington, and Fort Worth. Its road frontage supports straightforward access for industrial operations, while the adaptable configuration can accommodate a range of warehouse-oriented uses.
The property is located on Dick Price Road in Mansfield, with access to major highways serving Mansfield, Arlington, and Fort Worth. Its road frontage supports straightforward access for industrial operations, while the adaptable configuration can accommodate a range of warehouse-oriented uses.
Key Highlights
- 6,000‑square‑foot metal warehouse completed in 2025
- Commercial zoning supports warehouse and industrial applications
- Flexible interior layout with bathroom and office finish‑out options
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,723
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$834,460
$834.5K
Cap Rate 7%
$596,043
$596.0K
Cap Rate 9%
$463,589
$463.6K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$54.0K $9.00/SF
− Vacancy
−$4.9K −$0.82/SF
EGI
$49.1K $8.18/SF
− OpEx
−$7.4K −$1.23/SF
NOI
$41.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$834,460
Cap Rate 7%
$596,043
Cap Rate 9%
$463,589
Alternative Uses
Best Use
Warehouse
$596.0K
$521.5K – $695.4K
NOI $41,723 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,744 @ 7.0% cap · market cap 19.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Balanced
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
Vacancy Rate% for Industrial 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 - Commercially zoned metal building with road access and a flexible interior layout.
Where is this warehouse located?
The property is located at 7628 Dick Price Road #Warehouse Mansfield, 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: 6,000‑square‑foot metal warehouse completed in 2025; Commercial zoning supports warehouse and industrial applications; Flexible interior layout with bathroom and office finish‑out options
