Property profile

900 Walnut Crk Dr Mansfield, TX 76063

OFF-MARKET
Strip malls
Property ID
US82-0483132
8,060 SF 0.82 ac lot Built 1999
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,894 square foot Class A retail center, located in Tarrant County's desirable Mansfield submarket (Fort Worth cluster), presents a unique investment opportunity. The property boasts six suites, with one currently vacant at 1,200 square feet, offering immediate occupancy potential. The existing tenant mix includes a diverse range of businesses, including boba, restaurant, insurance, and office spaces, indicating a strong and established tenant base. Situated on a 0.81-acre lot (7,894 square feet), the center benefits from high visibility and significant foot traffic due to its strategic location as a Walmart shadow anchor and adjacency to a Chick-fil-A. Ample parking is provided with 40 spaces. The property is zoned commercial and enjoys easy access via Walnut Creek Drive. This is an ideal opportunity for businesses seeking a prime location with high visibility and strong potential for growth. The vacant suite presents a chance to add to the existing successful tenant mix and capitalize on the area's thriving commercial activity. The property's Class A designation reflects its high-quality construction and desirable features. This is a rare opportunity to acquire a well-positioned retail center in a rapidly growing area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 8,060 SF
Lot 0.82 ac (35,680 SF)
APN 44954-1-3
UPID US82-0483132

Cap rate & NOI

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

Location

900 Walnut Crk Dr Mansfield, TX 76063-8046
Mansfield metro Census 111308 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2016
5 recorded transactions
2022
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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