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    1500 Houston St Fort Worth, TX 76164

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    For Sale
    Contact for pricing

    Prime downtown Fort Worth land for sale or ground lease.

    Property size:
    42,400 SF
    Lot size:
    1.44 Acres

    Property Features for 1500 Houston St

    General Information

    Size
    42,400 SF
    Lot size
    1.44 Acres

    Source: JLL | Fort Worth Agent Todd Burnette

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

    Overview

    Downtown Fort Worth Land Opportunity

    The May Owen Center is available for sale and/or ground lease in Downtown Fort Worth, Texas. The property consists of two blocks totaling 1.996 acres (83,652 square feet), with an existing 42,400 square foot two-story office building. The building offers a well-located office investment with adjacent parking. The size of the land makes it a candidate for hotel or residential development. Situated on the corner of W. Lancaster and Houston Street, the location is at the south end of Downtown across from the Water Gardens, the Fort Worth Convention Center, and the T&P Station. This is an opportunity to purchase and/or ground lease a land block in Downtown Fort Worth.
    Location Intelligence

    Current Use by Public Records

    Tarrant County College ... College Information Desk County Government Office

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3278974
    Latitude
    32.7472824

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    FAQs

    What type of property is this?
    Office building - Prime downtown Fort Worth land for sale or ground lease.
    Where is this office building located?
    The property is located at 1500 Houston St Fort Worth, TX.
    What are key features of this property?
    This property features: - 1.996 acres (83,652 SF) of land in Downtown Fort Worth, representing the largest land block available.; - Prime location on the corner of W. Lancaster and Houston Street, at the south end of Downtown.; - Located across from the Water Gardens, the Fort Worth Convention Center, and the T&P Station.
    (817) 334-8100
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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
    1500 Houston St Fort Worth, TX 76164
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