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615 N Saginaw - Saginaw Multi-Family Land 6.38 Acres of Residential Land Offered at $1,845,000 in Saginaw, TX 76179
INVESTMENT HIGHLIGHTS
- Zoned MF-1 provides an expedited development timeline
- Proximity to downtown Fort Worth and freeway access to greater DFW
- Infill Multifamily property surrounded by residential and commercial uses
EXECUTIVE SUMMARY
Saginaw Multifamily Land Development opportunity located in Saginaw, Texas. The property is currently zoned MF-1 which allows for 18 units per acre density. This allows for immediate kickoff to development of a garden style apartment project or a townhome development. A similar site nearby is currently under construction for approximately 24 units per acre and was originally zoned MF-1. This site offers an opportunity for an expedited return.
The development site is conveniently located with quick access to Interstate 820 and within 10 miles to the downtown Fort Worth.
The property benefits from strong demographics, serving a five-mile radius population of approximately 204,000 residents and within a three-mile radius an average household income exceeding $100,000. Since 2006 the city has ranked among the top 25 fastest-growing cities in the country.
The Saginaw Multifamily Land Development provides an expedited opportunity to developed an apartment or townhome community in the top ranked DFW Metroplex.
The development site is conveniently located with quick access to Interstate 820 and within 10 miles to the downtown Fort Worth.
The property benefits from strong demographics, serving a five-mile radius population of approximately 204,000 residents and within a three-mile radius an average household income exceeding $100,000. Since 2006 the city has ranked among the top 25 fastest-growing cities in the country.
The Saginaw Multifamily Land Development provides an expedited opportunity to developed an apartment or townhome community in the top ranked DFW Metroplex.
PROPERTY FACTS
| Price | $1,845,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.38 AC |
| Property Type | Land | ||
| Zoning | MF-1 - Up to 18 units per acre allowed by right. | ||
| Price | $1,845,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 6.38 AC |
| Zoning | MF-1 - Up to 18 units per acre allowed by right. |
1 LOT AVAILABLE
Lot
| Price | $1,845,000 | Lot Size | 6.38 AC |
| Price Per AC | $289,184.95 |
| Price | $1,845,000 |
| Price Per AC | $289,184.95 |
| Lot Size | 6.38 AC |
Zoned/Entitled for MF-1: 18 units per acre density Land surrounded by residential and commercial uses This property benefits from Saginaws strong demographics which has ranked among the top 25 fastestgrowing cities for over the past 15 years
DESCRIPTION
Zoned/Entitled for MF-1: 18 units per acre density. Land surrounded by residential and commercial uses. This property benefits from Saginaw's strong demographics which has ranked among the top 25 fastest growing cities for over the past 15 years
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PROPERTY TAXES
| Parcel Number | 05942829 | Improvements Assessment | $0 |
| Land Assessment | $694,088 | Total Assessment | $694,088 |
PROPERTY TAXES
Parcel Number
05942829
Land Assessment
$694,088
Improvements Assessment
$0
Total Assessment
$694,088
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615 N Saginaw - Saginaw Multi-Family Land
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