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    Property profile & analytics
    FOR LEASE
    Strip malls

    2651 East Broad St, Mansfield, TX 76063

    15,808 SF 1.55 ac lot Built 2014
    Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-9417210
    2651 East Broad St, Mansfield, TX 76063 For Lease
    $735,000 3,537 SF available
    2651 East Broad St, Mansfield, TX 76063
    View Listing →
    Property summary
    AI-generated overview

    Broad Street Plaza offers a unique investment opportunity in Tarrant County. This single-story, 15,808 square foot building, constructed in 2014, features a mix of traditional office and medical office spaces, currently configured as multiple tenancies. The property boasts 76 total parking spaces, providing ample convenience for tenants and their clients. Currently, there is 3,537 square feet of vacant space available, ideal for a variety of uses, including office, medical, or retail businesses. The building's previous tenant was a Century 21 office, suggesting a history of successful occupancy. The available space presents a chance to establish a presence in a well-maintained building with excellent parking. The property's location in Tarrant County offers access to a thriving market and strong demographics. This is an exceptional opportunity for businesses seeking a versatile and well-situated space. The building's four suites offer flexibility for various business needs, and the ample parking ensures convenient access for employees and customers. The 2014 construction date indicates a relatively modern building with updated amenities. This property is ready for immediate occupancy and presents a compelling opportunity for growth and expansion.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2014
    Total area 15,808 SF
    Lot 1.55 ac (67,562 SF)
    APN 3626M-1-1A
    UPID US82-9417210
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $620k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $848k
    Blend (final) Blend
    $735k
    Owner & transaction history
    Rochester Mansfield Medical I · 6 yrs held
    Rochester Mansfield Medical I
    since 2020
    2 recorded transactions
    2020
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.2M +59.6%
    Medical building $1.1M +47.7%
    Auto repair, garage $1.1M +46.7%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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