- This 42.879-acre property offers a combination of existing infrastructure and developable land, providing multiple opportunities for
future projects. The following is a breakdown of the quickest potential development of conceptual ideas.
- Seller’s Preference: Sell the southern 24 acres and Broad Street frontage while retaining the church campus for long-term use.
- Option for Full-Site Purchase: The seller would consider selling the entire property under the right circumstances at a premium price.
- Strategic Location: The Broad Street frontage offers high visibility for retail, healthcare, office, or entertainment development.
Public & Private Investment: The City of Mansfield’s commitment to The Reserve Development includes infrastructure improvements like sewer expansion, road enhancements, and improved drainage to support long-term growth.
- Current potential uses:
1. Commercial 2 – Residential development is not currently permitted.
2. Retail & Commercial Development: Broad Street offers high-visibility retail, medical office space, and dining establishments, making it a prime location for national and regional tenants.
3. Healthcare Expansion: Located near Methodist Mansfield Medical Center and adjacent to Broad Circle Medical Complex (100% occupancy), this site is well-suited for a pediatric hospital or office, outpatient clinic, or medical office complex, addressing the region’s growing healthcare demand.
4. Mid-Rise Office Complex: With Broad Street frontage and close highway access, the property is ideal for a multi-story office complex, attracting corporate offices, professional services, and co-working spaces.
- Future Potential uses (With Rezoning):
1. Family-Oriented Entertainment or Community Venue: The site’s ample space and parking make it an excellent candidate for a family entertainment center (mini-golf, arcades, sports courts) or a community event venue for gatherings, business functions, and local events.
2. Unique Residential Development (For Sale): The southern acreage presents an opportunity for a distinctive residential concept that introduces a new architectural style to the city. With rezoning, this area could accommodate three-story residences, such as Brownstone-style homes, upscale townhomes, or mixed-use developments, catering to Mansfield’s growing demand for modern suburban living.