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Property profile & analytics

615 Wisteria St Mansfield, TX 76063-2432

  • Warehouses
  • 19,000 SF
  • 2.75 lot acres
OFF-MARKET
Last Sale
Oct 15, 2024
Value Estimations
$700,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-3135274
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 615 Wisteria St

Year built
2001
Lot size
2.75 lot acres
Property size
19,000 SF
Property type
Warehouses
APN
47784-1-1
APU
4778411

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $525,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $876,000
    Market price range: $414k - $876k
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $620,000
    Current use
    NEIGHBORHOOD: SHOPPING CENTER
    $890,000
    Change: +44% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Mansfield
County
Tarrant
State
Texas
Longitude
-97.1209
Latitude
32.5561
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,472
$239,668
$2,033,295
$2,272,963
-
$239,668
$2,033,295
$2,272,963
More about this property
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