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Property profile & analytics
FOR LEASE
Medical Office Space

350 Matlock Rd Mansfield, TX 76063

14,432 SF 1 ac lot Built 2022
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US82-4977189
Property summary
AI-generated overview

Matlock Crossing, a brand-new retail development in Mansfield, Texas, offers exceptional opportunities for businesses seeking prime commercial space. Completed in the first quarter of 2023, this property features two buildings totaling 18,906 square feet. Currently, 4,020 square feet of retail space is available, divisible into units ranging from 1,985 to 2,035 contiguous square feet. The property boasts a highly desirable location on Matlock Road, providing unparalleled visibility and accessibility. Its strategic placement adjacent to Mansfield Methodist Hospital and less than a mile from the future HEB grocery store ensures high traffic volume and significant customer exposure. The modern architecture and ample parking further enhance the property's appeal. The development is also conveniently located near Mansfield High School and other established national retailers, creating a vibrant and thriving commercial environment. This is an ideal location for businesses seeking a strong presence in a rapidly growing area of Mansfield, Texas. The property's recent construction and modern design offer a turnkey solution for businesses looking to establish or expand their operations in a prime commercial location. The available space is perfect for a variety of retail uses, offering a unique opportunity to capitalize on the high foot traffic and strong demographics of the area. The zip code is 76063.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2022
Total area 14,432 SF
Lot 1 ac (43,473 SF)
APN -3626M---1----1BR210
UPID US82-4977189
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
$735k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$890k
Owner & transaction history
Gateway Diagnostic Imaging LLC · 1 yrs held
Gateway Diagnostic Imaging LLC
since 2024
2 recorded transactions
2024
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.1M +8.1%
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More about this property
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