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Property profile & analytics
OFF-MARKET
Medical Office Space

624 Wisteria St Mansfield, TX 76063-2423

1.01 ac lot Built 2013
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US82-2187684
Property summary
AI-generated overview

This exceptional commercial property, located at 624 S Wisteria Street in Mansfield, Texas, encompasses nearly two acres of land (1.94 acres to be exact). Currently zoned for light industrial use, this property presents a significant opportunity for investors and businesses seeking a strategic location in a thriving area. The property is priced competitively at $600,000, reflecting its market value as supported by a recently completed appraisal. Prospective buyers are encouraged to independently verify all zoning information with the City of Mansfield to ensure it aligns with their intended use. The expansive lot size offers considerable flexibility for development, making it suitable for a variety of commercial ventures. Given its size and location, this property is an attractive investment opportunity with strong potential for future growth and return. The convenient location within Mansfield offers easy access to major transportation routes, enhancing its appeal for businesses requiring efficient logistics and distribution capabilities. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable Texas market. Act quickly to secure this exceptional property.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2013
Lot 1.01 ac (43,952 SF)
APN 18347-D-1R4
UPID US82-2187684
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Va Bene Holdings INC · 13 yrs held
Va Bene Holdings INC
since 2013
2 recorded transactions
2013
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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