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    4300 National Pkwy Mansfield, TX 76063

    For Sale
    $2,096,235

    5.3 Acres, $2M, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.347-acre commercial and residential land tract presents a unique investment opportunity in Mansfield, Texas. Located at 4300 National Pkwy, 76063, this property boasts a desirable PD - Mixed Use - Local zoning designation, as outlined in the recently adopted Mansfield 2040 Land Use Plan (December 11, 2023). The plan allows for a diverse range of development options, including single-family detached and attached homes (12-36 dwelling units per acre), multi-family residences (2-4 stories), and a mix of local and regional businesses. The asking price is $2,096,235, translating to $9 per square foot. The total land area is 232,915 square feet. Smaller parcels (pad sites) may be available, though pricing will be subject to increase. This prime location offers excellent visibility and accessibility, making it ideal for a variety of development projects. A drone video showcasing the property is available online. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with flexible zoning that allows for creative and lucrative development possibilities. The property is situated in Tarrant County, Texas.

    Property Features for 4300 National Pkwy

    General Information

    Property type
    Land
    Lot Size
    232,915 SF

    HighLights

    • $9.00 per square foot (PSF).
    • Smaller parcels may command a higher price.
    • 5.347‑acre commercial land parcel (232,915 square feet).
    • Zoned Mixed‑Use Local per the Mansfield 2040 Land Use Plan (adopted December 11, 2023).
    • Permitted uses include residential (single‑family, multi‑family), and commercial (local and regional businesses).
    • Mansfield 2040 Land Use Plan available online.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0656414
    Latitude
    32.5561296

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    FAQs

    What type of property is this?
    Land - 5.3 Acres, $2M, Mixed-Use Potential
    Where is this land located?
    The property is located at 4300 National Pkwy Mansfield, TX.
    What is the asking price?
    The asking price for this property is $2,096,235.
    What are key features of this property?
    This property features: $9.00 per square foot (PSF).; Smaller parcels may command a higher price.; 5.347-acre commercial land parcel (232,915 square feet).
    Request Owner's contact information
    4300 National Pkwy Mansfield, TX 76063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4300 National Pkwy Mansfield, TX 76063
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