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    Commercial Land Westpoint & Chapel Crk Fort Worth, TX 76108

    For Sale
    $4,075,000

    18.9 Acres, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 18.9-acre commercial land parcel presents a unique investment opportunity in Fort Worth, Texas. Located at the southeast corner of Chapel Creek and Westpoint, in the desirable 76108 zip code, this property boasts a prime location with easy access to major thoroughfares. Currently zoned for commercial use (E Commercial), the gently rolling terrain offers significant development potential. The land is free from floodplains and all utilities are readily available. A 7-11 convenience store is currently under construction at the corner, providing immediate adjacency to a high-traffic retail anchor. The property's size and location make it ideal for the development of commercial pads adjacent to the 7-11, or it could be rezoned for mid-density residential or a commercial campus. Given the flexibility in land area and shape, pricing is available upon request. A portion of the property may be under contract at any time, so interested parties should inquire about current availability. Detailed maps and comprehensive information are available in a downloadable flyer. The asking price for the entire parcel is $4,075,000, with a land value of $4.95 per square foot. This is a rare opportunity to acquire a significant tract of land in a rapidly growing area of Tarrant County.

    Property Features for Commercial Land Westpoint & Chapel Crk

    General Information

    Property type
    Land
    Lot Size
    823,284 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.507339248415
    Latitude
    32.746687234995

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    FAQs

    What type of property is this?
    Land - 18.9 Acres, Prime Location, High Potential
    Where is this land located?
    The property is located at Commercial Land Westpoint & Chapel Crk Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $4,075,000.
    (817) 288-5556
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    Commercial Land Westpoint & Chapel Crk Fort Worth, TX 76108
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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
    Commercial Land Westpoint & Chapel Crk Fort Worth, TX 76108
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