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    1701 Highway 1187 Mansfield, TX 76063

    Sponsored
    For Sale
    $3,285,000

    8.38 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.38-acre commercial land parcel presents a remarkable investment opportunity in Crowley, Texas. Strategically positioned on the hard corner of Highway 1187 and McCart Avenue, this property enjoys unparalleled visibility and accessibility. Its location directly across from Richard Allie Middle School, between I-35 and Chisholm Trail Parkway, ensures high traffic counts and proximity to a thriving residential community with new neighborhoods under development. The land is priced at $3,285,000, translating to $9 per square foot. The property's zoning allows for a variety of commercial uses, including retail, daycare/Montessori schools, fast-food restaurants, and car washes. The seller is open to subdividing the property into parcels of one acre or more, at a price above the current per-square-foot rate. This prime location offers significant potential for substantial returns. The property's APN is 41202457. The address is 1701 Hwy 1187, Mansfield, TX 76063 (Tarrant County). Buyers are responsible for conducting their own due diligence.

    Property Features for 1701 Highway 1187

    General Information

    Property type
    Land
    Lot Size
    365,033 SF

    HighLights

    • High‑visibility corner lot.
    • Excellent location within a high‑density residential neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.38073308
    Latitude
    32.5669176

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    FAQs

    What type of property is this?
    Land - 8.38 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 1701 Highway 1187 Mansfield, TX.
    What is the asking price?
    The asking price for this property is $3,285,000.
    What are key features of this property?
    This property features: High-visibility corner lot.; Excellent location within a high-density residential neighborhood.;
    (832) 329-5373
    Request Owner's contact information
    1701 Highway 1187 Mansfield, TX 76063
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    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
    1701 Highway 1187 Mansfield, TX 76063
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