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S Main & Leuda Assemblage 2 Properties Offered at $3,500,000 in Fort Worth, TX


Investment Highlights
- Total Land Area: ±0.64 Acres / 27,878 SF (Contiguous 4-Lot Assembly)
- Unmatched Flexibility: Entitled for a 4-to-5 story stick-frame build OR an 8-to-10 story high-density tower by-right. Up to 20 stories for hospital.
- Design Advantage: "L-shape" wraps the non-owned corner lot, allowing the developer to capture premium Main Street retail presence and naming rights
- Zoning: NS-T5I (Near Southside – Transect 5 Industrial) — Form-Based Code
- Frontage Footprint: 50’ on S. Main Street (Primary Address) | 150’ on W. Leuda Street (Residential Spine)
- Strategic Location: Steps away from the major healthcare employment hubs of the Medical District and under 5 minutes to Downtown and I-35W
Executive Summary
Flexible Urban Canvas on S. Main: 0.64 AC Infill Site Entitled for up to 10-Story Mixed-use Tower By-Right; up to 20-Story for Hospital Use.
Positioned in the heart of South Main Village and directly serving Fort Worth’s booming Medical District, this ±0.64-acre (27,878 SF) contiguous assembly represents one of the final remaining opportunities to secure a high-profile, dual-frontage asset in this high-demand urban submarket. Comprising 810 S. Main St. and 109, 115, and 117 W. Leuda St., the portfolio features 50 feet of high-visibility frontage on South Main Street and 150 feet of depth along W. Leuda Street—giving a developer the premium "Main Street address" and signage rights without the structural design constraints of a hard corner.
The true strength of the site lies in the unparalleled flexibility of its Near Southside Transect 5 Industrial (NS-T5I) form-based zoning. This specific designation caters perfectly to two distinct development tiers, making it a "happy medium" asset for multiple investment strategies:
The Mid-Rise Pivot (4–5 Stories): For regional developers looking for a fast, bankable execution, the site’s geometry is perfectly optimized for a highly efficient wood-frame (Type V) residential or live-work podium project. A 4-story wrap model allows for maximum ground-floor street activation and hidden parking while minimizing the heavy capital expenditures of high-rise construction.
The High-Rise Execution (8–10 Stories): For institutional or medical-office developers looking to maximize vertical density, the "I" component of the NS-T5I code allows for an incredible 8 to 20 stories by-right. This unlocks tremendous "air right" value for a concrete-and-steel tower, multi-family high-rise, or specialized medical facility capitalizing on the site’s proximity to major employment hubs like JPS Health Network, Cook Children’s, and Baylor Scott & White.
The 20-Story NS-T5I Hospital Exemption: While standard mixed-use applications max out at 8–10 stories via bonuses, this site represents a massive strategic advantage for healthcare institutional use. Under the city's enhanced hospital development standards for the NS-T5I (Transect 5 Industrial) zone, qualified General Hospital expansions and medical facility uses are permitted to scale up to 20 stories by-right via administrative approval.
Situated entirely outside the restrictive 500-foot low-density residential buffers, a healthcare network or institutional medical fund can maximize vertical density to its highest regional limit. This allows for a towering, signature clinical campus, surgery center, or life-science research hub directly integrated into the infrastructure of Fort Worth's premier medical district.
Because the zoning is form-based and strictly focused on the building's interaction with the streetscape, the project qualifies for an expedited administrative design review by the city. This drastically reduces entitlement risk, cuts holding costs, and eliminates the need for a lengthy public rezoning process.
Offered at $3,500,000 ($125.55/SF), this asset provides an agile land basis. Whether your goal is to deliver a boutique, high-yield mid-rise condo development or a landmark 10-story mixed-use tower, this portfolio is a premier, plug-and-play urban canvas engineered to fit a wide range of capital structures.
Positioned in the heart of South Main Village and directly serving Fort Worth’s booming Medical District, this ±0.64-acre (27,878 SF) contiguous assembly represents one of the final remaining opportunities to secure a high-profile, dual-frontage asset in this high-demand urban submarket. Comprising 810 S. Main St. and 109, 115, and 117 W. Leuda St., the portfolio features 50 feet of high-visibility frontage on South Main Street and 150 feet of depth along W. Leuda Street—giving a developer the premium "Main Street address" and signage rights without the structural design constraints of a hard corner.
The true strength of the site lies in the unparalleled flexibility of its Near Southside Transect 5 Industrial (NS-T5I) form-based zoning. This specific designation caters perfectly to two distinct development tiers, making it a "happy medium" asset for multiple investment strategies:
The Mid-Rise Pivot (4–5 Stories): For regional developers looking for a fast, bankable execution, the site’s geometry is perfectly optimized for a highly efficient wood-frame (Type V) residential or live-work podium project. A 4-story wrap model allows for maximum ground-floor street activation and hidden parking while minimizing the heavy capital expenditures of high-rise construction.
The High-Rise Execution (8–10 Stories): For institutional or medical-office developers looking to maximize vertical density, the "I" component of the NS-T5I code allows for an incredible 8 to 20 stories by-right. This unlocks tremendous "air right" value for a concrete-and-steel tower, multi-family high-rise, or specialized medical facility capitalizing on the site’s proximity to major employment hubs like JPS Health Network, Cook Children’s, and Baylor Scott & White.
The 20-Story NS-T5I Hospital Exemption: While standard mixed-use applications max out at 8–10 stories via bonuses, this site represents a massive strategic advantage for healthcare institutional use. Under the city's enhanced hospital development standards for the NS-T5I (Transect 5 Industrial) zone, qualified General Hospital expansions and medical facility uses are permitted to scale up to 20 stories by-right via administrative approval.
Situated entirely outside the restrictive 500-foot low-density residential buffers, a healthcare network or institutional medical fund can maximize vertical density to its highest regional limit. This allows for a towering, signature clinical campus, surgery center, or life-science research hub directly integrated into the infrastructure of Fort Worth's premier medical district.
Because the zoning is form-based and strictly focused on the building's interaction with the streetscape, the project qualifies for an expedited administrative design review by the city. This drastically reduces entitlement risk, cuts holding costs, and eliminates the need for a lengthy public rezoning process.
Offered at $3,500,000 ($125.55/SF), this asset provides an agile land basis. Whether your goal is to deliver a boutique, high-yield mid-rise condo development or a landmark 10-story mixed-use tower, this portfolio is a premier, plug-and-play urban canvas engineered to fit a wide range of capital structures.
Property Facts
| Price | $3,500,000 | Number of Properties | 4 |
| Price / SF | $2,304 / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 1,519 SF |
| Sale Type | Investment | Total Land Area | 0.32 AC |
| Status | Active |
| Price | $3,500,000 |
| Price / SF | $2,304 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 1,519 SF |
| Total Land Area | 0.32 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 117 W Leuda St, Fort Worth, TX 76104 | Land | 0.20 AC | - | - |
| 810 S Main St, Fort Worth, TX 76104 | Retail | 1,519 SF | 1952 | - |
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