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    1616-1632 Mistletoe Blvd Fort Worth, TX 76104

    Sponsored
    For Sale
    Contact for pricing

    0.7-acre multi-family residential lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.7-acre lot, located at 1616-1632 Mistletoe Blvd in Fort Worth, Texas, presents a unique investment opportunity. Zoned NS-T5, this property is ideal for multi-family residential development. Situated in Tarrant County, with a 76104 zip code, the land offers significant potential for building a new residential complex. The address is conveniently located at 32.7316728 latitude and -97.3446567 longitude. The single existing building on the property provides a potential starting point for redevelopment or could be incorporated into a larger project. This prime location in Fort Worth offers easy access to local amenities, transportation routes, and a thriving community. The 0.7-acre size provides ample space for a substantial development, allowing for flexibility in design and unit configurations. Investors seeking a multi-family residential project in a desirable Texas location should seriously consider this exceptional opportunity. The NS-T5 zoning designation should be verified with the city of Fort Worth to ensure compliance with all building codes and regulations before any development plans are finalized. This property is being offered as-is.

    Property Features for 1616-1632 Mistletoe Blvd

    General Information

    Property type
    Land
    Lot Size
    30,492 SF

    Building Details

    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -97.3446567
    Latitude
    32.7316728

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    FAQs

    What type of property is this?
    Land - 0.7-acre multi-family residential lot.
    Where is this land located?
    The property is located at 1616-1632 Mistletoe Blvd Fort Worth, TX.
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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
    1616-1632 Mistletoe Blvd Fort Worth, TX 76104
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