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Fort Worth Multifamily Development Opportunity
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5220 E Lancaster, Fort Worth, TX 76112

Land ideal for multifamily development in a vibrant Fort Worth location.

Property Size1 SF
Days on Market193

Property Features for 5220 E Lancaster

General Information

Standard status Active
Size 1 SF
Property subtype Land
Listing Agency: Vision Commercial Real Estate - Grapevine
Listed By: Preston Beaupain
Source: Tcnworldwide
Added: Jan 27 Changed: Aug 8 Last Checked: Jul 16 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vision Commercial Real Estate - Grapevine

Investment Insights

Based on property information with market context.

This property, situated in Fort Worth, presents an opportunity for land and multifamily investors. The site includes a 44,431 square foot building and is zoned for multifamily use. The property's zoning and size offer a foundation for creating a residential community. Located in the Fort Worth area, the property is positioned for investors seeking to make an impact in the local multifamily real estate market. The surrounding area offers amenities and attractions, including Gateway Park, Eastchase Market, and Eastchase Parkway, providing retail and dining options. Proximity to major highways ensures connectivity, appealing to prospective tenants seeking accessibility.

Key Highlights

  • Substantial 44,431 SF building.
  • Strategic MF (multifamily) zoning.
  • Prime location in the heart of Fort Worth.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 76112, TX

43,132
Population
19,077
Households
2.3
Avg Household Size
35
Median Age
21%
College-Educated
84%
High-School Grad
11.3 sq mi
ZIP Area
3,817
Density / Sq Mi
$56,179
Median Household Income
$35,543
Median Earnings
$1,215
Median Rent
$207,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Land ideal for multifamily development in a vibrant Fort Worth location.
Where is this land located?
The property is located at 5220 E Lancaster Fort Worth, TX.
What are key features of this property?
This property features: Substantial 44,431 SF building.; Strategic MF (multifamily) zoning.; Prime location in the heart of Fort Worth.
More about this property
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