Votre courriel a été envoyé.
5008 Collett Little Rd
Fort Worth, TX 76119
5008 Collett Little Rd, Fort Worth TX · Terrain À vendre
·
2,42 AC
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 2.421-Acre Development Site
- Multifamily / Mixed-Use Potential
- Near I-20, I-820 & Business 287
- E Neighborhood Commercial Zoning
- Commercial & Retail Use Flexibility
- Residential + Commercial Potential
Résumé de l'annonce
5008 Collett Little Rd presents a well-positioned 2.421-acre development opportunity with convenient access to Mansfield Highway / Business 287, I-820 and I-20, providing connectivity throughout Fort Worth and the greater DFW market.
The property is currently identified as E Neighborhood Commercial. Fort Worth's E zoning provides flexibility for a variety of neighborhood commercial uses, including retail, restaurants, offices, banks, service-oriented businesses and other permitted uses. The City of Fort Worth zoning summary identifies a base maximum building height of 45 feet for E zoning.
NEW MULTIFAMILY / MIXED-USE POTENTIAL
Recent changes to Texas land-use law through Senate Bill 840 may significantly expand the development possibilities for qualifying commercially zoned properties. Fort Worth identifies E Neighborhood Commercial as one of the zoning classifications in which qualifying multifamily and mixed-use residential development may be allowed by right, without requiring a traditional rezoning solely to establish the residential use.
This creates an opportunity for developers and investors to evaluate the property for uses including:
• Multifamily / apartment development
• Mixed-use residential and commercial development
• Retail development
• Office / professional uses
• Restaurant and service-oriented development
• Neighborhood commercial uses
• Other qualifying residential or commercial concepts
The site's multifamily potential is not purely conceptual. The property was previously associated with a City of Fort Worth zoning application for the proposed Lofts at Redwood, which contemplated an apartment development of up to approximately 88 residential units.
Since that proposal was considered, Texas land-use law has changed, creating a reason for multifamily and mixed-use developers to reevaluate the property under today's regulatory environment.
The property is surrounded by a combination of established residential neighborhoods, apartments, commercial businesses, retail, restaurants, senior living and other development. Its proximity to several major transportation corridors provides excellent regional access while offering an infill development opportunity within the Fort Worth market.
PROPERTY HIGHLIGHTS
• Approximately 2.421 acres
• Fort Worth, Texas
• E Neighborhood Commercial zoning
• Multifamily and mixed-use development potential under current Texas law
• Previous multifamily development consideration of up to approximately 88 units
• Commercial, retail, restaurant, office and service-use potential
• Convenient access to Business 287 / Mansfield Highway
• Near I-820 and I-20
• Established surrounding residential and commercial development
• Electric and water available in the area
• Development information and prior project history available upon request
This property should be evaluated not simply as a traditional commercial lot, but as a flexible commercial, multifamily and mixed-use development opportunity benefiting from recent changes in Texas land-use law.
Additional property information, zoning materials and prior development information are available upon request.
Buyer and buyer's representatives are responsible for independently verifying all information, including current zoning, applicability of Texas SB 840 to the buyer's proposed project, permitted uses, density, building height, utilities, water and wastewater capacity, access, drainage, platting, easements, development standards and all other governmental or site-development requirements.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 871 300 $ CAD | Taille du lot | 2,42 AC |
| Prix par AC | 360 041,33 $ CAD |
| Prix | 871 300 $ CAD |
| Prix par AC | 360 041,33 $ CAD |
| Taille du lot | 2,42 AC |
2.421-acre Fort Worth development site near I-20, I-820 & Hwy 287. E Neighborhood Commercial zoning with multifamily, mixed-use, retail and commercial potential under current Texas SB 840. Prior multifamily plans contemplated up to 88 units.
Description
2.421-Acre Development Opportunity | Fort Worth, TX 5008 Collett Little Rd offers approximately 2.421 acres of development land in Fort Worth with convenient access to Mansfield Highway / Business 287, I-820 and I-20. The property is currently identified as E Neighborhood Commercial, allowing a variety of neighborhood commercial uses including retail, restaurants, offices, banks and service-oriented businesses. The zoning provides flexibility for investors and developers evaluating commercial concepts for the site. Recent changes under Texas Senate Bill 840 may also create additional opportunities for qualifying multifamily and mixed-use residential development on commercially zoned property. Fort Worth has identified E Neighborhood Commercial among the zoning districts where qualifying multifamily and mixed-use residential projects may be permitted by right without requiring traditional rezoning solely to establish the residential use. This opens the property to consideration for a broader range of potential development concepts, including: • Multifamily / apartment development • Mixed-use residential and commercial • Retail or neighborhood commercial • Office and professional uses • Restaurant and service-oriented development • Other qualifying development concepts The property's multifamily potential has previously been evaluated. A prior City of Fort Worth zoning application associated with the site contemplated the Lofts at Redwood, a multifamily development of up to approximately 88 residential units. With changes in Texas land-use law since that proposal, the property may warrant a fresh evaluation by multifamily developers, commercial investors and land buyers looking for an infill opportunity in the Fort Worth market. The surrounding area includes a mix of established residential neighborhoods, apartments, retail, commercial businesses and other development. Water and electric service are available in the area, providing additional development potential subject to buyer verification. Property Highlights: • Approximately 2.421 acres • E Neighborhood Commercial zoning • Multifamily / mixed-use potential under current Texas law • Prior multifamily development consideration • Retail, office, restaurant and commercial-use potential • Near I-20, I-820 and Business 287 / Mansfield Highway • Established surrounding residential and commercial development • Development and zoning information available upon request An excellent opportunity for a buyer seeking a flexible Fort Worth site with both commercial use options and potential residential development upside. Buyer and buyer's representatives should independently verify zoning, SB 840 applicability, permitted uses, density, utilities, wastewater capacity, access, drainage, platting and all development requirements with the City of Fort Worth and appropriate authorities.
Impôts fonciers
| Numéro de lot | 04162390 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 677 949 $ CAD | Évaluation totale | 677 949 $ CAD |
Impôts fonciers
