Property profile

550 Walnut Crk Dr Ste 120 Mansfield, TX 76063

OFF-MARKET
Other office properties
Property ID
US82-4231407
3,496 SF 0.25 ac lot Built 2008
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a single condo unit within the Tuscan Condo Suites in Mansfield, Texas, configured to provide four private office spaces (Offices A–D) along with a shared common area of approximately 347 square feet. Office A and Office B each measure about 140 square feet, Office C is about 220 square feet, and Office D is about 260 square feet; each office has a private keyed entry. The corner office (Office D) has road frontage and large windows, and Office C includes a large storage closet. The condo features an updated kitchen with a sink, granite counters, and a full-size refrigerator, plus multiple seating areas suitable for a reception or conference use. Floors are laminate wood designed for high-traffic use, and the office space is fully handicap accessible. Signage is supported at three locations. The condo is located next to the Aristide Event Center and near renovated Rose Park, and it is suited for uses such as retail, counseling services, real estate and title, medical offices, law offices, or tax offices.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 2008
Total area 3,496 SF
Lot 0.25 ac (10,940 SF)
APN 13945C--A
UPID US82-4231407

Cap rate & NOI

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

Location

550 Walnut Crk Dr Ste, Unit 120 Mansfield, TX 76063-3222
Mansfield metro Census 111308 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2017
3 recorded transactions
2017
Price N/A
2012
Price N/A
2009
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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