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764 S Mitchell Rd - commercial 36.69 Acres of Commercial Land Offered at $9,500,000 in Mansfield, TX 76063
EXECUTIVE SUMMARY
Property is located on the East side of US Hwy 287 just south of Heritage Parkway. Mitchell Rd is on the east side of the property. Property was rezoned to PD to allow for the current church owner to develop as a church. The city says they would expect it to be rezoned to Industrial or commercial so long as jobs will be created from that use. Engineers have estimated 6 acres are in the flood area.
DATA ROOM Click Here to Access
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $9,500,000 | Lot Size | 36.69 AC |
| Price Per AC | $258,926.14 |
| Price | $9,500,000 |
| Price Per AC | $258,926.14 |
| Lot Size | 36.69 AC |
See survey. Property has a few trees and three older houses that are not considered in the value of this property. Property is ripe for development as this area is the hottest developing area of Mansfield. US Hwy 287 is one of the longest roads in US
DESCRIPTION
Property is in an area that is rapidly developing in every aspect. Service roads are being improved, Commercial and Industrial and Office properties are being built and occupied to the North, residential homes, schools and hospitals are to the NE and to the immediate South.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,453,734 | Total Assessment | $2,453,734 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,453,734
Improvements Assessment
$0
Total Assessment
$2,453,734
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764 S Mitchell Rd - commercial
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