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Property profile & analytics
OFF-MARKET Estimated value $505,000
Drive through restaurants

3161 Broad St Mansfield, TX 76063-5688

5,300 SF 1.07 ac lot Built 2018
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US83-0971978
Property summary
AI-generated overview

This exceptional 2,686 square foot retail space presents a unique drive-thru opportunity in a high-traffic area of Mansfield, Texas. Situated at 3161 E Broad St, 76063, this single-tenant property boasts an enviable location, less than a quarter-mile from Mansfield High School (2,400 students), a growing hospital, and the Vernon Newsom Stadium (11,000+ seating capacity), ensuring consistent foot and vehicle traffic throughout the year. The property benefits from its proximity to a Kroger Marketplace and is an outparcel to Market Street, providing excellent visibility and accessibility. Strong demographics support this opportunity, with an average household income exceeding $143,222 within a 3-mile radius. This location is surrounded by established businesses, including Costa Vida, Raising Cane's, Chick-fil-A, and Bank of America, creating a vibrant and desirable commercial environment. The entire 2,686 square feet is currently vacant, offering a blank canvas for a discerning tenant to establish their business. This property is located in Tarrant County. This is a rare opportunity to secure a prime retail space with exceptional visibility and strong surrounding demographics.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2018
Total area 5,300 SF
Lot 1.07 ac (46,435 SF)
APN 3619-1-5R
UPID US83-0971978
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
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
$581k
Blend (final) Blend
$505k
Owner & transaction history
William Bill Dwight Newton · 4 yrs held
William Bill Dwight Newton
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $735,000 +31.7%
Commercial (general) $725,000 +29.5%
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