5000 E LANCASTER AVENUE, FORT WORTH, TX 76103
Homes for sale in Fort Worth.
Homes for sale in 76103.
List Price$1,499,000
5000 E Lancaster Avenue
Fort Worth, TX 76103
Listing #21348254
About This Property
Prime Commercial Development Opportunity. Exceptional investment opportunity featuring 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.
Property Features
Location Information
County
Tarrant
Subdivision
Urban Oaks West
Interior Features
Has Fireplace
No
Total Number of Units
1
Exterior Features
Construction
Other
Possible Best Use
Other
Foundation
None
Zoning
"E" Neighborhood Commercial, "B" Two-Family, and i
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
13,629
Parking Description
Direct Access
Road Description
City Street, Other
Lot Description
Acreage, Corner Lot, Irregular Lot, Few Trees
Is One Story
No
Lot Size in Acres
0.617
Lot Description
Acreage, Corner Lot, Irregular Lot, Few Trees
Lot Size in Sq. Ft.
26,876
Additional Information
Year Built Details
Unknown
Status
Active
Property Type
COM
Tax Annual Amount
1980.0
Property SubType
Unimproved Land
Community Features
Curbs
Year Built
1959
Lot Acres Source
See Remarks
Similar Listings
Mortgage Calculator
$6,999
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,401
Monthly Tax
$1,249
Monthly Insurance
$349
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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