Property profile

2851 Matlock Rd Mansfield, TX 76063

FOR LEASE
Strip malls
Property ID
US83-4009790
41,192 SF 5.97 ac lot Built 2001
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail investment opportunity is located at 2851 Matlock Rd, Mansfield, TX 76063, within the thriving Matlock Center. Situated in Tarrant County, this property boasts a total of 37,684 square feet and offers multiple tenancy options. Currently, two retail spaces are available, ranging in size from 1,780 square feet to 2,687 square feet, ideal for a variety of businesses. The center benefits from a strong anchor tenant, Walmart, ensuring consistent high daytime foot traffic and excellent visibility. This translates to significant potential for increased revenue and a strong return on investment. The property's prime location in Mansfield, Texas, provides easy access to major transportation routes and a dense residential population, further enhancing its appeal to potential tenants. The property is classified as both retail and office space, offering flexibility for diverse business needs. This is a rare opportunity to acquire a well-positioned retail property in a rapidly growing market. The property's size and layout provide ample space for expansion or customization to suit specific tenant requirements. Don't miss this chance to secure a valuable asset in a highly desirable location. Contact us today to learn more about this exciting investment opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Total area 41,192 SF
Lot 5.97 ac (259,879 SF)
APN 44783-1-4R1
UPID US83-4009790

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Training Center Sports School
  • Hair Salon
  • Nail Salon

Location

2851 Matlock Rd Mansfield, TX 76063
Mansfield metro Census 111304 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.05M

Owner & transaction history

since 2014
4 recorded transactions
2017
Price N/A
2014
Price N/A
2012
Price N/A
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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