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    1577 Fm 157 Mansfield, TX 76063

    For Sale
    $1,900,000

    Prime 2-acre lot, established business.

    Property size:
    1,744 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a rare chance to acquire a thriving car dealership in Mansfield, Texas. Situated on a spacious 2.07-acre lot with an additional acre available for expansion, this property boasts a newly renovated 1,744 square foot building. The property includes a separate structure for light mechanical repairs, catering to the needs of a modern car dealership. The extensive parking area has been recently paved and accommodates over 100 vehicles. Inside, remodeled offices offer a professional atmosphere, complete with sales offices, a lunchroom, customer lounge, owner's office, and bathroom, all featuring ample glass windows. The property benefits from a prime location on FM-157, a main road with excellent visibility, and is conveniently located near shopping, dining, and entertainment options, maximizing exposure to potential customers. This is one of only two car dealerships in Mansfield, making it a highly sought-after business opportunity. The property is offered for sale with a NNN lease option available, including a 3-year lease term with renewal options. Contact us for lease terms. This turnkey operation presents a unique chance to own a successful and established business in a desirable location.

    Property Features for 1577 Fm 157

    General Information

    Property type
    Flex space
    Square Feet
    1,744 SF
    Lot Size
    90,169 SF

    HighLights

    • NNN lease investment opportunity; 3‑year lease with renewal options.
    • 2.07‑acre lot with ±1 acre expansion potential.
    • One of only two car dealerships in Mansfield, TX.
    • Newly renovated 1,744 sq ft building.
    • Separate building for light mechanical repairs.
    • Newly paved parking lot with over 100 spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1491772
    Latitude
    32.5783168

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    FAQs

    What type of property is this?
    Flex space - Prime 2-acre lot, established business.
    Where is this flex space located?
    The property is located at 1577 Fm 157 Mansfield, TX.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: NNN lease investment opportunity; 3-year lease with renewal options.; 2.07-acre lot with ±1 acre expansion potential.; One of only two car dealerships in Mansfield, TX.
    Request Owner's contact information
    1577 Fm 157 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
    1577 Fm 157 Mansfield, TX 76063
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