304 Broad StMansfield, TX 76063

Property Details for 304 Broad St

Year built

1969

Construction

BRICK

Lot size

0.27 AC

Property size (Sq ft)

2,342 SF

Property type

Office buildings

APN

24750-11-2A

APU

24750112A

Description

This exceptional 2,300 square foot traditional office space presents a fantastic opportunity for a single tenant in a prime Tarrant County location. Boasting excellent visibility and accessibility, this property offers a highly desirable location with convenient access to nearby amenities. The building features prominent monument signage, ensuring high brand visibility. The property's strategic placement provides employees with easy walking distance to a variety of restaurants and parks, enhancing the overall work environment and employee satisfaction. The modified gross lease is priced at $3,800.00 per month, translating to an approximate cost of $19.82 per square foot. Detailed aerial and floor plan views are available upon request, allowing for thorough due diligence and planning. This single-tenant occupancy ensures a focused and efficient workspace, ideal for businesses seeking a comfortable and well-situated office environment. Don't miss this chance to secure a highly visible and accessible office space in a thriving Tarrant County location.

• CAP approach

  CAP return

  Valuation

  6%

  $448,486

  6.5%

  $413,987

  7%

  $384,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $299,694

  Geo Method

  $701,171

• Alternative Use

  Use

  Valuation

  Residential

  $513,343

  Hospitality

  $470,220

  Educational

  $391,217

  Medical

  $404,672

  Retail

  $608,560

Location Insight

City

Mansfield

County

Tarrant

State

Texas

Latitude

32.5629

Longitude

-97.1393

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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