708 E Broad St Mansfield, TX 76063
- Commercial real estate
- 1.01 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 708 E Broad St
- Lot size
- 1.01 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial land offering presents a unique investment opportunity in the thriving city of Mansfield, Texas. Located at 708 E. Broad Street, this property comprises two tracts totaling approximately 3.57 acres. Tract 1 encompasses 2.5644 acres and includes a small, 1000 square foot home built in 1955. This existing structure is not factored into the pricing. Tract 2 consists of 1.0099 acres. The property boasts a convenient location just off the southeast corner of E. Broad Street and Walnut Creek Drive. Currently zoned SF 7.5/1200 Single Family (City of Mansfield), this property presents potential for infill development, particularly given its proximity to historic downtown Mansfield. All utilities are provided by the City of Mansfield. The seller is open to offers contingent upon re-zoning. This presents a rare chance to acquire a substantial land parcel in a rapidly growing area with significant redevelopment potential. The property's strategic location and size make it ideal for a variety of commercial ventures. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1336031
- Latitude
- 32.5635417