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    1119 W 5Th St Fort Worth, TX 76102

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    For Sale
    $1,375,000

    Warehouse on 10,150 SF lot suited for development.

    Property size:
    10,150 SF
    Lot size:
    0.23 Acres

    Property Features for 1119 W 5Th St

    General Information

    Size
    10,150 SF
    Lot size
    0.23 Acres

    Source: Transwestern | Fort Worth Agent Bill Behr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Worth Development Opportunity

    The property features an existing single-story warehouse of approximately 8,940 square feet, situated on a parcel of approximately 10,150 square feet of land, according to Tarrant Appraisal District records. It is located on the south side of W. 5th Street, positioned between Summit Avenue and Lexington Street. The property is next door to and across the street from four-story luxury apartment projects. The site is ideally suited for a new mid-rise or high-rise development. The zoning is "H" Central Business, which permits all uses allowed in "G", plus multifamily residential and printing/publishing. There are no height restrictions and permissive area regulations. It is restricted to the designated Central Business District with a Downtown Urban Design District (DUDD) overlay. The legal description is Rectors Addition, Block 5, Lot A.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Clothing Store Food Market Daycare Center Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3389796
    Latitude
    32.7515887

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    FAQs

    What type of property is this?
    Commercial land - Warehouse on 10,150 SF lot suited for development.
    Where is this commercial land located?
    The property is located at 1119 W 5Th St Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - Ideally suited for new, mid-rise or high-rise development.; - Zoning “h” central business: permits multifamily residential, printing/publishing, and all uses permitted in “g”.; - No height restrictions and permissive area regulations.
    (817) 877-4433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1119 W 5Th St Fort Worth, TX 76102
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