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2009 Forest Ridge Dr 1 Acre of Commercial Land Offered at $1,500,000 in Bedford, TX 76021
Investment Highlights
- ?Prominent hard-corner visibility at Forest Ridge Dr. & L Don Dodson Dr.
- Near State Hwy 183/121, supporting convenient regional access across the Mid-Cities.
- ?Located within the Bedford Commons Planned Unit Development.
Executive Summary
?Located within the Bedford Commons Planned Unit Development.
?Existing residence could be adapted for professional office use.
?Potential redevelopment site for a larger building, subject to approvals.
?Well positioned near City Hall, Municipal Court, Water Department and Hwy 183/121.
?Rare one-acre tract at a prominent civic corridor corner with frontage on two streets.
?Direct adjacency to Bedford municipal facilities creates a strong professional-office story.
?Near State Hwy 183/121, supporting convenient regional access across the Mid-Cities.
?Existing house provides an interim-use option while a buyer evaluates long-term redevelopment.
?Bedford Commons remains an active long-term city development focus with commercial components contemplated in the district.
Property Facts
| Price | $1,500,000 | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 1.00 AC |
| Zoning | Commercial - Civic Mixed Use - PUD Zoned - Bedford Commons District | ||
| Price | $1,500,000 |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.00 AC |
| Zoning | Commercial - Civic Mixed Use - PUD Zoned - Bedford Commons District |
Description
Rare commercial opportunity on approximately one acre at the prominent hard corner of Forest Ridge Drive and L. Don Dodson Drive in Bedford’s civic corridor. Located within the Bedford Commons Planned Unit Development, this highly visible site offers frontage on two streets and exceptional positioning near Bedford City Hall, Municipal Court, Water Utility offices, and convenient access to State Highways 183 and 121. The existing residence provides flexibility for potential conversion to professional office use or continued interim use while a buyer evaluates future plans. The property also presents a compelling redevelopment opportunity for a larger professional, legal, medical, or other compatible commercial project, subject to City approval and all applicable zoning, site-plan, parking, and development requirements. With direct adjacency to municipal facilities and Bedford Commons remaining an active long-term City development focus with commercial components contemplated for the district, this is a distinctive opportunity for an owner-user, investor, or developer in the heart of the Mid-Cities.
Property Taxes
| Parcel Number | 04284380 | Improvements Assessment | $143,844 |
| Land Assessment | $225,000 | Total Assessment | $361,578 |
Property Taxes
Contact the Sale Advisor
2009 Forest Ridge Dr