Listing provided courtesy of Compass RE Texas, LLC- MLS# 21133124MLS ProviderContact Information: Kelvin Matthews

1401 FM-1187Mansfield, TX 76063

Vacant Land · 2.40 Acres
$1,795,000 Active

1401 FM-1187 Overview

Visits:
6

Excellent opportunity to acquire approximately 2.4 acres of commercially zoned land with FM 1187 frontage in the fast-growing Mansfield corridor. The property offers a clean, usable configuration, strong visibility, and convenient access, making it well-suited for a variety of retail and commercial uses. This site is ideally positioned for gas station or convenience store, QSR, medical or dental, strip retail, or multi-pad development. The parcel size and frontage provide flexibility for single-user or multi-tenant concepts, and the surrounding area continues to see steady residential and commercial growth. Located along a key arterial roadway with proximity to US-287, the property benefits from strong traffic patterns and long-term growth momentum. A recent survey is available, and the site shows no apparent fatal development constraints. This is a rare opportunity to secure a sizable retail tract in an established and expanding Mansfield market. Buyer to verify zoning, permitted uses, utilities, and development requirements with the City of Mansfield.

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1401 FM-1187 Facts & Features

  • Type Vacant Land
  • Lot 2.40 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Mansfield ISD
  • Elementary School: Mary Jo Sheppard
  • Middle Or Junior School: Jones
  • High School: Legacy

Location/Region

  • Country: US
  • County Or Parish: Tarrant
  • Postal City: MANSFIELD
  • Subdivision Name: Elizabeths Gardens

Community/Development

  • Community Features: Curbs,Sidewalks
  • Development Status: Zoned

General Information

  • Parcel Number: 41532171
  • Possible Use: Commercial,Development
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage
  • Lot Size Acres: 2.4
  • Lot Size Area: 2.4
  • Lot Size Square Feet: 104544.0
  • Lot Size Units: Acres
  • Road Surface Type: Dirt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: Farm to Market Road,All Weather Road
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1401 FM-1187 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1401 FM-1187 Market Data

Based on the last 30 days in this zip code

$606,604
Average List Price
$205
Average Price per Square Foot
87
Properties Sold
324
Average Days on Market
742
Properties for Sale
Calculations provided by Reliance Network


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