5000 E LANCASTER AVENUE, FORT WORTH, TX 76103

Homes for sale in Fort Worth.

Homes for sale in 76103.


Active

List Price$1,499,000

5000 E Lancaster Avenue

Fort Worth, TX 76103

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21348254

13,629

Square Feet

1

Number of Units

Commercial

Type

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

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$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.

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