Technical
Financial
Distress signals
Property profile

615 S Wisteria St Mansfield, TX 76063

FOR SALE
Warehouses
Property ID
US82-3135274
19,000 SF 2.75 ac lot Built 2001
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Mansfield, Texas industrial property presents a compelling investment opportunity for owner-occupants or investors. The property encompasses 19,000 square feet of warehouse space, strategically divided between two buildings. A 15,000 square foot building constructed in 2001 complements a newer 4,000 square foot addition completed in 2023, showcasing a blend of established infrastructure and modern updates. Recent renovations in 2023 further enhance the property's appeal. Situated on a generous 2.75-acre lot in the desirable Heritage Parkway industrial park, just off Highway 287, this location offers excellent accessibility and visibility. The property boasts six grade-level doors and three dock-high doors, facilitating efficient loading and unloading. A 21-foot ceiling height provides ample vertical space for storage and operations. The property also includes a fenced truck yard, enhancing security and operational efficiency. A new fire suppression system is currently being installed, adding another layer of safety and protection. While a 300 square foot accessory building and a separate storage building are present, they are not included in the stated 19,000 square foot leasable area. This presents a unique opportunity for expansion or the development of additional income-generating space. The asking price is $3,275,000, translating to $172.37 per square foot. This property offers significant potential for growth and return on investment.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Total area 19,000 SF
Lot 2.75 ac (119,834 SF)
APN 47784-1-1
UPID US82-3135274

Cap rate & NOI

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

Location

615 S Wisteria St Mansfield, TX 76063
Mansfield metro Census 111309 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$876k
Blend (final) Blend
$700k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2023
Price N/A
2019
Price N/A
2014
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $890,000 +43.6%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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