Sue Milam Reed, Broker Associate

5000 E Lancaster Avenue, Fort Worth, TX 76103

$1,499,000
  • 5000 E Lancaster Avenue, Fort Worth, TX 76103 Main Photo

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Active
LOT SIZE 0.617 acres MLS#21348254
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONUrban Oaks West

Property Description

Prime Commercial Development Opportunity. Exceptional investment opportunity featuring and offering in addition to Tract 1, Tracts 2 & 3 along with Residential Lot 2, with a total of 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.

5000 E Lancaster Avenue | MLS# 21348254

This land located at 5000 E Lancaster Avenue, Fort Worth, TX 76103 is currently listed for sale with an asking price of $1,499,000. The property has approximately 0.62 Acres. Search Fort Worth real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.62 Acres
Stories: 2.0
Year Built: 1959

Feature Descriptions

Days on Site: 33
Lot: Acreage, Corner Lot, Few Trees, Irregular Lot
Parcel#: 03728897
Parking: Direct Access
Parking Notes: Direct Access
Units: 1
Utilities: City Sewer, City Water

Listed By / Shown By

Listed By

Agency Name: Dwell Dallas Realtors, LLC
Agency Contact: 214-794-4997
Agent Name: Humberto Gomez

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Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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Estimated Payment

$ 3,773.33 per month $3,336.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $437.21 Homeowner's Insurance

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