Versatile Commercial Property Near
For Sale
Contact for pricing
801 South 6th Avenue, Mansfield, TX 76063
Commercial property near downtown Mansfield, ideal for various business types.
Property Size10,625 SF
Price / SF$139
Days on Market153
Property Features for 801 South 6th Avenue
General Information
Standard status
Active
Size
10,625 SF
Property subtype
Retail
Lease Type
Gross
Building Details
Year Built
1986
Year Renovated
2024
Units
9
Tenancy
Multi
Listing Agency:
InterHomes Realty
Listed By:
Keziah Farrar · License #0549444
(817) 668-0508
Source:
Crexi
Added: May 15
Changed: Oct 1
Last Checked: Oct 12 at 7:55PM
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
Investment Insights
Based on property information with market context.
This commercial property is located one mile south of Downtown Mansfield, presenting an opportunity for investors or business owners. The property offers income potential with room for expansion. Each suite includes a 10-foot overhead door and a private restroom. Most suites also feature built-out office space. The property is suitable for light industrial, service, or distribution businesses.
Key Highlights
- Prime location just one mile from Downtown Mansfield.
- Strong income potential for investors.
- Versatile commercial property suitable for various business types.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,688
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,333,760
$2.3M
Cap Rate 7%
$1,666,971
$1.7M
Cap Rate 9%
$1,296,533
$1.3M
Market Conditions
NOI Build-Up for 10,625 SF
Gross rent
$204.0K $19.20/SF
− Vacancy
−$24.5K −$2.30/SF
EGI
$179.5K $16.90/SF
− OpEx
−$62.8K −$5.91/SF
NOI
$116.7K $10.98/SF
Area
Tarrant County, TX
Vacancy
12.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,333,760
Cap Rate 7%
$1,666,971
Cap Rate 9%
$1,296,533
Alternative Uses
Best Use
Retail
$2.52M
$2.20M – $2.94M
NOI $176,358 @ 7.0% cap · market cap 11.94%
Second Best
Flex RnD
$1.67M
$1.46M – $1.94M
NOI $116,688 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$3.74M
$3.27M – $4.36M
NOI $261,630 @ 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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Current Use
Location Intelligence
Trade Area within ½ mile
152
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial property near downtown Mansfield, ideal for various business types.
Where is this retail space located?
The property is located at 801 South 6th Avenue Mansfield, TX.
What is the asking price?
The asking price for this property is $1,476,875.
What are key features of this property?
This property features: Prime location just one mile from Downtown Mansfield.; Strong income potential for investors.; Versatile commercial property suitable for various business types.
