Versatile Commercial Property Near
801 South 6th Avenue Mansfield, TX 76063
For Sale
Contact for pricing
Commercial property near downtown Mansfield, ideal for various business types.
Property Size10,625 SF
Price / SF$139
Days on Market71
Property Features for 801 South 6th Avenue
General Information
- Standard status
- Active
- Size
- 10,625 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing Agency:
InterHomes Realty
Listed By:
Keziah Farrar · License #0549444
Source:
Crexi
Added: May 15
Changed: Jul 10
Last Checked: Jul 22 at 1:21PM
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 For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $204.0k | $19.20 |
| − Vacancy | −$24.5k | −$2.30 |
| EGI | $179.5k | $16.90 |
| − OpEx | −$62.8k | −$5.91 |
| NOI | $116.7k | $10.98 |
10,625 SF · lease $19.20/SF/yr · vacancy 12.00% · expense 35.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
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.
