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Property profile & analytics
OFF-MARKET
Commercial land

501 Hwy 287th N Mansfield, TX 76063

3.36 ac lot Built 2019
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US82-8810292
Property summary
AI-generated overview

This exceptional 3.361-acre commercial land parcel is ideally situated on the west side of Highway 287, just north of the intersection with E. Broad Street in Mansfield, Texas (zip code 76063). The property boasts excellent visibility due to its prime highway frontage location within a high-traffic area. It's zoned C-2 by the city of Mansfield, offering a wide range of development possibilities. Utilities including water, sewer, and gas are readily available. The seller will retain mineral rights. This property presents a unique opportunity for businesses seeking high visibility and convenient access to major thoroughfares. The land is priced at $16 per square foot. The seller is willing to consider dividing the property to accommodate various development needs. This location offers significant potential for commercial growth and investment in a thriving Texas community. Interested parties should act quickly to secure this exceptional opportunity.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2019
Lot 3.36 ac (146,405 SF)
APN 34483-1-4
UPID US82-8810292
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Novavoyage Peaks LLC · 2 yrs held
Novavoyage Peaks LLC
since 2024
2 recorded transactions
2024
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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