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    2307 Ellis Ave Fort Worth, TX 76164

    Sponsored
    For Sale
    $1,955,670

    Fort Worth, TX: 0.64 acres, $1.9M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.64-acre commercial land parcel presents a unique investment opportunity in Fort Worth's vibrant Stockyards area. Strategically located mid-block, directly across from the Springhill Suites by Marriott, this property boasts high visibility and accessibility. The site is zoned SY-ENX-55, offering a range of potential development options for savvy investors. With a total asking price of $1,955,670, this translates to approximately $70.15 per square foot, representing a compelling value proposition in this sought-after location. The property consists of a single lot encompassing four contiguous addresses: 2307, 2309, 2311, and 2313 Ellis Avenue, Fort Worth, Texas, 76164. Its prime location within the historic Stockyards district offers unparalleled exposure to a significant volume of daily foot and vehicle traffic. The existing zoning allows for a variety of commercial uses, making it an ideal site for developers seeking to capitalize on the area's robust growth and tourism. This is a rare opportunity to acquire a substantial commercial land holding in one of Fort Worth's most iconic and desirable neighborhoods. Don't miss this chance to secure a piece of the Stockyards' thriving commercial landscape.

    Property Features for 2307 Ellis Ave

    General Information

    Property type
    Land
    Lot Size
    27,878 SF

    Building Details

    Buildings
    1

    HighLights

    • 0.64‑acre commercial lot for sale.
    • Prime Stockyards location, across from SpringHill Suites by Marriott.
    • SY‑ENX‑55 zoning.
    • $1,955,670 asking price ($70.15/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness 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
    -97.3506219
    Latitude
    32.7872304

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    FAQs

    What type of property is this?
    Land - Fort Worth, TX: 0.64 acres, $1.9M
    Where is this land located?
    The property is located at 2307 Ellis Ave Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $1,955,670.
    What are key features of this property?
    This property features: 0.64-acre commercial lot for sale.; Prime Stockyards location, across from SpringHill Suites by Marriott.; SY-ENX-55 zoning.
    Request Owner's contact information
    2307 Ellis Ave Fort Worth, TX 76164
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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
    2307 Ellis Ave Fort Worth, TX 76164
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