5000 E Lancaster Ave, Fort Worth, TX 76103

$1,499,000

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List Price
$1,499,000
MLS#
21348254
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1959
Construction Status
Unknown
Acres
0.62
County
Tarrant
City
Fort Worth
Subdivision
Urban Oaks West

Property Description

Prime Commercial Development Opportunity. Exceptional investment opportunity featuring Tracts 2 & 3 along with Residential Lot 2, totally nearly 3 Acres offering outstanding potential for commercial or mixed use development. Located in a growing area with excellent visibility and accessibility, this property is ideally suited for developers, investors, and business owners looking to capitalize on a wide range of permitted commercial uses. The property is zoned to accommodate retail sales, banks and financial institutions, restaurants, convenience stores with gasoline sales, bakeries, beauty and barber shops, bookstores, drug stores and pharmacies, professional and medical offices, healthcare facilities, studios, and public or civic uses. The zoning also permits alcohol sales for off-premise consumption as well as alcohol service in conjunction with food service establishments, creating additional opportunities for restaurants and retail concepts. The inclusion of Residential Lot 2 provides added flexibility for future development, employee or owner housing, or other approved residential uses. Whether your vision is a neighborhood retail center, medical or professional office complex, restaurant, financial institution, mixed use project, or another commercial venture, this property offers the versatility to bring your plans to life. With strong development potential and a variety of allowable uses, this is a rare opportunity to acquire commercially zoned land in an area experiencing continued growth. Seller will owner finance.

Additional Information

Unexempt Taxes
$1,980
Lot Size
26,876
Acres
0.62
Lot Description
Corner Lot, Irregular Lot, Few Trees
Building Stories
2
Parking Garage
Direct Access
Possession
ClosePlus30To60Days
Proposed Use
Other
Inclusions
Land & Improvements
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Humberto Gomez from Dwell Dallas Realtors, LLC. Contact: 214-794-4997