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    950 Rosedale St Fort Worth, TX 76104

    Sponsored
    For Sale
    $1,500,000

    Prime Retail Pad Site, High Traffic

    Property size:
    2,703 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 2,703 sq ft vacant retail property in Fort Worth, Texas, presents a unique redevelopment opportunity. Situated on a hard corner lot (9,583.2 sq ft) with excellent visibility and high traffic (over 25,000 vehicles per day), this property offers significant potential. The building, constructed in 1976, features two units previously used as a convenience store and restaurant. The NS-T5 zoning allows for a wide range of uses, including convenience stores, service stations, and restaurants. The asking price is $1,500,000 ($554.94/sq ft), with a land value of $156.52/sq ft. This location benefits from its proximity to the Hospital District and the revitalized Near Southside District, offering strong growth potential. The property has been owned for over 40 years, representing a rare chance to acquire a well-positioned asset in a thriving area. The site boasts 82 feet of frontage on West Rosedale Street and includes a pylon sign and dedicated turn lane. This is an exceptional investment opportunity for those seeking to capitalize on the dynamic Fort Worth market. The property is vacant and ready for immediate redevelopment.

    Property Features for 950 Rosedale St

    General Information

    Property type
    Restaurants
    Square Feet
    2,703 SF

    Building Details

    Year Built
    1976
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Prime redevelopment opportunity in Fort Worth's Hospital District.
    • Existing 2,703 SF vacant convenience store and restaurant building ideal for owner‑user or investor.
    • NS‑T5 zoning allows for C‑stores, service stations, and restaurants.
    • Hard corner lot with high visibility and over 25,000 vehicles per day.
    • Rare opportunity; the property hasn't been sold in over 40 years.
    • Limited competition; no comparable corner lots available in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Good Luck Drive ... Barbecue Restaurant T & S Market Grocery Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -97.334072226064
    Latitude
    32.733169913891

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Pad Site, High Traffic
    Where is this restaurant located?
    The property is located at 950 Rosedale St Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Prime redevelopment opportunity in Fort Worth's Hospital District.; Existing 2,703 SF vacant convenience store and restaurant building ideal for owner-user or investor.; NS-T5 zoning allows for C-stores, service stations, and restaurants.
    Request Owner's contact information
    950 Rosedale St Fort Worth, TX 76104
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    Fort Worth, TX 76104
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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
    950 Rosedale St Fort Worth, TX 76104
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