1340 W Broad St, Mansfield, TX 76063

$849,900

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List Price
$849,900
MLS#
21320748
Status
ACTIVE
Type
Land
Subtype
Land
Acres
3.00
County
Tarrant
City
Mansfield
Subdivision
Hank Survey ABST 644

Property Description

PRIME ±2.99-ACRE CORNER DEVELOPMENT OPPORTUNITY IN MANSFIELD Positioned at W. Broad Street and Retta Road, this approximately 2.99-acre elevated corner tract offers an exceptional opportunity in the path of Mansfield's continued westward growth. The property sits between Historic Downtown Mansfield and Mansfield ISD's new Early Learners Academy currently under construction at W. Broad and Retta. The new campus is planned to accommodate up to 700 students, adding another significant destination to an area already surrounded by growing residential development. The site's corner location, elevation and visibility create excellent potential for a thoughtfully designed commercial development. Consider a neighborhood retail center, coffee concept, restaurant, daycare early childhood use, professional or medical office, service retail, or other compatible commercial development, subject to zoning and City approval. Hundreds of nearby rooftops provide an established residential base, while continued development along the W. Broad corridor creates compelling long-term potential. For an investor, developer or owner-user, this property offers multiple strategies: develop now, hold as Mansfield continues expanding westward, or create a retail center designed to serve the surrounding neighborhoods and growing daytime population. Buyer and buyer's agent to independently verify zoning, permitted uses, utilities, development requirements, traffic counts, schools, acreage and all other information with the appropriate authorities.

Additional Information

Unexempt Taxes
$6
Lot Size
130,636
Acres
3.00
Lot Description
Corner Lot, Sloped, City Lot
School District
Mansfield Isd
Elementary School
Tarverrend
Middle School
Linda Jobe, Shepard
High School
Legacy
Possession
CloseOfEscrow
Proposed Use
Development, Investment, Multi-Family, Mixed Use, Residential, Retail

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Calculator source: Real Geeks

Listing courtesy of Randall Garrett from Randall Garrett Real Estate. Contact: 817-475-4644

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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