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    615 Wisteria St Mansfield, TX 76063-2432
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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
    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.

    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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 estimation — 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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