1400 Highway 157Mansfield, TX 76063

Property Details for 1400 Highway 157

Lot size

1.74 AC

Property type

Commercial land

APN

A 359-9M

APU

A3599M

Description

This 1.74-acre commercial land parcel presents a compelling development opportunity in Mansfield, Texas. Located at 1400 Highway 157 N, Mansfield, TX 76063, in Tarrant County, this property boasts a C-2 zoning designation, offering versatility for a range of commercial uses. The land is priced at $8.32 per square foot. With 350 feet of frontage on Highway 157 and proximity to Highway 287 (less than a mile away), this site benefits from excellent visibility and accessibility. The area is experiencing significant growth, with projected 18% growth within a one-mile radius since 2020. This growth is evidenced by nearby new multifamily developments, including an 18-acre project to the south and a 50+ acre project to the east. The property's strategic location offers easy access to the historic downtown area of Mansfield, less than a four-minute drive away. This makes it ideal for retail or warehouse development, and presents an owner-user opportunity for businesses seeking to capitalize on Mansfield's expanding market. The substantial lot size and prime location make this an exceptional investment prospect for developers and businesses alike.

• Alternative Use

  Use

  Valuation

  Residential

  $16,651,659

  Hospitality

  $15,252,830

  Educational

  $12,690,176

  Medical

  $13,126,610

  Retail

  $19,740,274

Location Insight

City

Mansfield

County

Tarrant

State

Texas

Latitude

32.5868

Longitude

-97.1514

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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