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1119 W 5th St 8,940 SF Industrial Building Fort Worth, TX 76102 $1,375,000 ($153.80/SF)
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
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. Located in downtown Fort Worth between Summit Ave and N. Henderson St, this 10,150 square foot land parcel provides an outstanding opportunity for a significant new development. The property is ideally suited for a new multifamily or office building. However, the property consists today of a single-story warehouse approximately 8,940 square feet in size.
PROPERTY FACTS
| Price | $1,375,000 | Lot Size | 0.24 AC |
| Price Per SF | $153.80 | Rentable Building Area | 8,940 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1950 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | ||
| Zoning | "H"-Central Business - All uses permitted in “G”, plus multifamily residential..." No height restrictions. Downtown Urban Design District (DUDD) overlay. | ||
| Price | $1,375,000 |
| Price Per SF | $153.80 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.24 AC |
| Rentable Building Area | 8,940 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Zoning | "H"-Central Business - All uses permitted in “G”, plus multifamily residential..." No height restrictions. Downtown Urban Design District (DUDD) overlay. |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
1 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 02327643 | Improvements Assessment | $281,750 |
| Land Assessment | $558,250 | Total Assessment | $840,000 |
PROPERTY TAXES
Parcel Number
02327643
Land Assessment
$558,250
Improvements Assessment
$281,750
Total Assessment
$840,000
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1119 W 5th St
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