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3780 Kennedale New Hope Rd 90 Acres of Commercial Land Offered at $2,824,000 in Kennedale, TX 76060

INVESTMENT HIGHLIGHTS
- Nearly 90 acres of contiguous land in Kennedale, TX.
- Easy access to major highways and Metroplex connectivity.
- Former Texas Raceway site with redevelopment potential.
- Positioned in a high-growth corridor of Tarrant County.
EXECUTIVE SUMMARY
Nearly 90 acres of land formerly home to the Texas Raceway, now available for redevelopment. Located within a TIRZ overlay and offering easy access to major highways and the Metroplex, the site comprises 4 contiguous parcels zoned Commercial C-2, with the City’s Future Land Use Plan indicating Residential Medium Density potential. Ideal for commercial ventures or single-family residential development.
PROPERTY FACTS
| Price | $2,824,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 90.00 AC |
| Price | $2,824,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 90.00 AC |
1 LOT AVAILABLE
Lot
| Price | $2,824,000 | Lot Size | 90.00 AC |
| Price Per AC | $31,377.78 |
| Price | $2,824,000 |
| Price Per AC | $31,377.78 |
| Lot Size | 90.00 AC |
Partially fenced.
DESCRIPTION
Calling all developers! Almost 90 ACRES of land in Tarrant County close to highways and easy access to everything in the Metroplex. Property was previously the Texas Raceway in Kennedale and is now ready for new development. TIRZ overlay. Selling as-is land only. Total property consists of 4 contiguous parcels. Current zoning is Commercial C-2 for approximately 90 acres and City Comprehensive Future Land Use Plan shows Residential Medium Density for this property. Could be a perfect property for many commercial uses today and potentially SFR lot development. Approximately 40% of the total acreage is located in a floodplain.
PROPERTY TAXES
| Parcel Number | 40011518 | Improvements Assessment | $367,485 |
| Land Assessment | $207,515 | Total Assessment | $575,000 |
PROPERTY TAXES
Presented by
DFW Real Estate Group
3780 Kennedale New Hope Rd
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