Your email has been sent.
1119 W 5th St - Outstanding Downtown Development Tract 0.23 Acres of Industrial Land Offered at $1,375,000 in Fort Worth, TX 76102
INVESTMENT HIGHLIGHTS
- Outstanding 10,150 SF development parcel in downtown Fort Worth
- Property currently comprised of a 8,940 square foot single-story warehouse.
- Highest and best use is likely multi-story multifamily or office development.
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,375,000 | Lot Size | 0.23 AC |
| Price Per AC | $5,900,983.64 |
| Price | $1,375,000 |
| Price Per AC | $5,900,983.64 |
| Lot Size | 0.23 AC |
The property consists of a 10,150 square foot parcel of land with an existing warehouse consisting of approximately 8,940 square feet. The highest and best use is for a new mid or high rise multifamily or office development.
DESCRIPTION
Property consists of an existing single-story warehouse of approximately 8,940 square feet on a parcel containing approximately 10,150 square feet of land, all per Tarrant Appraisal District records. The Property is situated on the south side of W. 5th Street between Summit Avenue and Lexington Street. Property is next door, and across the street from four-story luxury apartment projects. The Property is ideally suited for a new, mid-rise or high-rise development. The property is zoned “H” Central Business. All uses permitted in “G”, plus multifamily residential, printing/publishing. No height restrictions and permissive area regulations. Restricted to designated Central Business District. Downtown Urban Design District (DUDD) overlay.
PROPERTY TAXES
| Parcel Number | 02327643 | Improvements Assessment | $281,750 |
| Land Assessment | $558,250 | Total Assessment | $840,000 |
PROPERTY TAXES
Presented by
1119 W 5th St - Outstanding Downtown Development Tract
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.