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8932 Balch St - 30.99+/- & 5.068+/- Acres Fort Worth, TX 36.06 Acres of Residential Land Offered at $2,852,745 in Fort Worth, TX 76140
INVESTMENT HIGHLIGHTS
- The Sites are within walking distance of Johnson Park, which includes a dog park, baseball fields, and a basketball court.
- The existing zoning for the North Site is “D- High Density Multifamily” which allows for a maximum of 32 dwelling units per acre.
- Schools within a half mile radius of the Sites are Everman High School, Everman Junior High School, and Hommel and J.W. Bishop Elementary School.
- On the South Site the zoning is “R2 – Townhouse/Cluster Residential” which allows one-family attached townhouse/rowhouse dwellings, maximum of 24/ac.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,852,745 | Lot Size | 36.06 AC |
| Price Per AC | $79,111.06 |
| Price | $2,852,745 |
| Price Per AC | $79,111.06 |
| Lot Size | 36.06 AC |
Two Sites consisting of 5.068+/- Acres and 30.99+/- Acres 8932 Balch Street, 9128 Crimson Lane, 9105 Azure Lane, 9501 S Race Street in Fort Worth, TX
DESCRIPTION
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase two development Sites located at 8932 Balch Street, 9128 Crimson Lane, 9105 Azure Lane, and 9501 South Race Street in Fort Worth, TX. These sites can be bought together or separately. This offering has a concept plan for 372 dwelling units—120 units on the North Site (5.068+/- acres and zoned for multifamily) and 252 units on the South Site (30.99+/- acres and zoned for townhomes). Both Sites are located just 2 miles east of Interstate 35 and 2.5 miles south of Interstate 20, two major thoroughfares that provide excellent accessibility. These Sites are located near key community amenities including Everman High School and Johnson Park, adding to their appeal for future residents. A hub of the south central Tarrant County industrial submarket is located a mile west from the Sites, giving future residents excellent employment opportunities. With pricing at just $3.75 per square foot for the North Site and $1.50 per square foot for the South Site, this is a great opportunity to acquire well-located entitled land in a high-demand area. A 3% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $441,370 | Total Assessment | $441,370 |
PROPERTY TAXES
CONTACTS
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Jordan Cortez -
Will Droese -
Alex Johnson -
Mason John -
Reid Pierce -
Haley Birmingham -
Justin Tidwell -
Tim Marron -
Vanguard Real Estate Advisors
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8932 Balch St - 30.99+/- & 5.068+/- Acres Fort Worth, TX
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