1340 Broad St Mansfield, TX 76063
- Commercial real estate
- 3.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1340 Broad St
- Lot size
- 3.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3-acre commercial lot at 1340 W Broad Street, Mansfield, TX, presents a prime opportunity for retail or restaurant development. Boasting an excellent corner location with high visibility from W Broad Street and Retta Road, the property is already zoned for retail use and offers significant advantages. Its considerable depth of 290 feet provides ample space for building design and expansion. Utilities are readily available, with water, sewer, and electricity immediately adjacent to the site. The strategic location benefits from the ongoing development of single-family residential subdivisions to the south, ensuring a growing customer base. This burgeoning residential growth, coupled with the high traffic volume on W Broad Street during peak hours, creates a unique opportunity to establish the first retail or eatery in the immediate vicinity. The property includes a drainage channel in its eastern portion. The seller is open to considering a subdivision of the property, contingent upon price and other mutually agreeable terms, along existing sewer and pipeline easements. This presents a flexible development option for potential buyers. This is a rare chance to capitalize on a rapidly developing area and establish a thriving business.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1646
- Latitude
- 32.55374
