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2904-2924 E Belknap St
Fort Worth, TX 76111
2904, 2910 & 2924 E. Belknap & 417 N. Retta · Land For Sale
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2.23 AC
Investment Highlights
- Multifamily/mixed-use development site includes an income-producing 3,444 SF commercial building with accommodating lease terms
- This site is adjacent to the Race Street redevelopment project and has seen a growing number of restaurants and nightlife attractions.
- Located in up-and-coming submarket surrounded by new multifamily projects, The Post at River East, an eclectic retail and music venue
- Average rent is $1,600+ a month within a half-mile radius with an average occupancy rate of 93%, per Yardi.
Property Facts
| Property Type | Land | Proposed Use | Mixed Use |
| Property Subtype | Commercial | Total Lot Size | 2.23 AC |
| Zoning | MU-1 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 2.23 AC |
| Zoning | MU-1 |
Description
GREA is pleased to announce the exclusive listing of 2.23 acres on E Belknap and Retta St. in Fort Worth, TX in Tarrant County. The opportunity is conveniently located near 121 Airport Freeway, I-35, and I-30 in the submarket known as Scenic Bluff. Zoned MU-1, the site presents an opportunity for a developer to build a 90-100 unit multifamily project. The offering also includes an existing commercial building with 5 tenants, providing other potential uses for investors. Just minutes from Downtown Fort Worth and the West Fork Trinity River, the site is surrounded by evidence of growth, with new and upcoming multifamily and retail developments nearby, such as The Post at River East, Union at River East, and Clifton Riverside, to name a few.
Property Taxes
| Parcel Number | 04046595 | Improvements Assessment | $4,441 |
| Land Assessment | $24,000 | Total Assessment | $28,441 |
Property Taxes
Parcel Number
04046595
Land Assessment
$24,000
Improvements Assessment
$4,441
Total Assessment
$28,441
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