501 Hwy 287th N Mansfield, TX 76063
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.