1119 W 5th St Fort Worth, TX 76102
Prime development site near Sundance Square in downtown Fort Worth.
Type:Industrial, Land
Property size:
8,940 SFLot size:
0.23 AcresPrice / SF:
$153/SF- Added:
- Aug 27, 2024
- Days on Market:
- 603
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 1119 W 5th St
General Information
- Standard status
- Active
- Size
- 8,940 SF
- Lot size
- 0.23 Acres
- Property subtype
- Industrial, Land
Building Details
- Year Built
- 1950
Listing agent Bill Behr License #TX 351049
Listing office Transwestern Houston
Listing date Aug 27, 2024
Source Crexi
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 Transwestern Houston
Overview
Downtown Fort Worth Development Site
This is an opportunity to acquire a nearly quarter-acre development site in downtown Fort Worth, located blocks from Sundance Square and the central business district. The property, situated at 1119 W. 5th Street between Summit Avenue and Lexington Street, consists of 10,150 square feet of land. Zoned "H" Central Business, the property allows for the development of a high-rise office building, townhomes, or multifamily apartments without height restrictions. This provides an opportunity for a low land basis on a future building per square foot basis. The property falls within the Downtown Urban Design District (DUDD) overlay. An existing 8,940-square-foot warehouse can be leased out during the planning and design phases of a development project, potentially reducing the overall basis in the parcel.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3389796
- Latitude
- 32.7515887
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Prime development site near Sundance Square in downtown Fort Worth.
Where is this commercial land located?
The property is located at 1119 W 5th St Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Prime downtown Fort Worth development site, blocks from Sundance Square and the Central Business District.; Large 10,150 sq ft lot (nearly quarter‑acre) offering substantial development potential.; "H" Central Business zoning allows for high‑rise office, townhomes, or multifamily apartments with no height restrictions.
