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73 Acres Development Opportunity
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1201 McPherson Rd, Fort Worth, TX 76140

73 acres for development with zoning in place.

Property SizeContact for details
Lot Size73.00 Acres
Days on Market2025

Property Features for 1201 McPherson Rd

General Information

Standard status Active
Lot size 73.00 Acres
Property subtype Land
Zoning E-Commercial, Multi Family, Duplex
Listing Agency: FirstLight Commercial Real Estate
Listed By: Dawn Potthoff · License #TX 0392422
Source: Crexi
Added: Feb 11, 2021 Changed: Aug 28 Last Checked: Aug 29 at 4:19AM

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 FirstLight Commercial Real Estate

Investment Insights

Based on property information with market context.

This 73-acre property is ready for development with zoning in place that includes Multi-Family (mid-density MF with approximately 1000 unit ability), E Neighborhood Commercial, and Duplex. The site features a 6-acre lake, Equus Lake Village, and gently sloping terrain with trees around the lake. It fronts McPherson Rd, just a few minutes from I35 and I20. The location is close to Alcon, an Amazon station, Miller Brewery, the 6+ million sq ft Majestic Office Warehouse project, and Huguley Hospital. Downtown Ft Worth and the hospital district are approximately 15-20 minutes away, as are two regional shopping malls and a major regional power center. Residential development adjoins the property on the west and east, with a park on the SE side. A planned elementary school adjoins the property on the NW side. Numerous business developments are nearby, offering employment opportunities. A road expansion is planned. This presents an excellent opportunity for mixed-use development. The owner has obtained numerous entitlements ready for development.

Key Highlights

  • 73+/- Acres zoned for Multi‑Family (approx. 1000 units), Commercial, and Duplex Development.
  • Features a 6‑Acre Lake (Equus Lake Village).
  • Excellent Location: Minutes from I‑35 and I‑20, close to major employers and Huguley Hospital.

Property Analytics

Current Use

Dallas Best Water ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Auto Repair Shop Nail Salon HVAC Service

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

38
Businesses Nearby

Demographics for 76140, TX

32,623
Population
10,705
Households
3
Avg Household Size
32
Median Age
18%
College-Educated
79%
High-School Grad
27.3 sq mi
ZIP Area
1,195
Density / Sq Mi
$73,215
Median Household Income
$37,780
Median Earnings
$1,590
Median Rent
$207,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 73 acres for development with zoning in place.
Where is this land located?
The property is located at 1201 McPherson Rd Fort Worth, TX.
What is the asking price?
The asking price for this property is $17,920,000.
What are key features of this property?
This property features: 73+/- Acres zoned for Multi‑Family (approx. 1000 units), Commercial, and Duplex Development.; Features a 6‑Acre Lake (Equus Lake Village).; Excellent Location: Minutes from I‑35 and I‑20, close to major employers and Huguley Hospital.
(817) 320-3473 Call to check price and availability
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