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    Property profile & analytics

    304 Broad St Mansfield, TX 76063

    • Office buildings
    • 2,342 SF
    • 0.27 lot acres
    For Lease
    View listing
    $237 SF/Yr
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US83-1669655
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 304 Broad St

    Year built
    1969
    Construction
    BRICK
    Lot size
    0.27 lot acres
    Property size
    2,342 SF
    Property type
    Office buildings
    APN
    24750-11-2A
    APU
    24750112A

    Description

    This exceptional 2,300 square foot traditional office space presents a fantastic opportunity for a single tenant in a prime Tarrant County location. Boasting excellent visibility and accessibility, this property offers a highly desirable location with convenient access to nearby amenities. The building features prominent monument signage, ensuring high brand visibility. The property's strategic placement provides employees with easy walking distance to a variety of restaurants and parks, enhancing the overall work environment and employee satisfaction. The modified gross lease is priced at $3,800.00 per month, translating to an approximate cost of $19.82 per square foot. Detailed aerial and floor plan views are available upon request, allowing for thorough due diligence and planning. This single-tenant occupancy ensures a focused and efficient workspace, ideal for businesses seeking a comfortable and well-situated office environment. Don't miss this chance to secure a highly visible and accessible office space in a thriving Tarrant County location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $430,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $360,000
      Mixed-Use
      $355,000
      Hospitality
      $395,000
      Educational
      $450,000
      Residential Income
      $375,000
      Energy
      $445,000
      Income-Based Land
      $415,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1393
    Latitude
    32.5629
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,384
    $58,125
    $281,875
    $340,000
    -
    $58,125
    $281,875
    $340,000

    Comparable in this City

    • Value Estimation by Request
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      View Details
    • Value Estimation by Request
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      OFFICE BUILDING • 7,632 SF
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    • Value Estimation by Request
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      OFFICE BUILDING • 6,210 SF
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    • Value Estimation by Request
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      1600 Hwy 287th N

      OFFICE BUILDING • 7,970 SF
      1600 Hwy 287th N, Mansfield, TX 76063-8853
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    • Value Estimation
      $250,000
      0.53 Acres

      120 Mitchell Rd

      OFFICE BUILDING • 0.53 Acres
      120 Mitchell Rd, Mansfield, TX 76063-5407
      View Details
    • Value Estimation
      $315,000
      0.93 Acres

      220 Mitchell Rd

      OFFICE BUILDING • 0.93 Acres
      220 Mitchell Rd, Mansfield, TX 76063-3450
      View Details

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    304 Broad St
    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
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