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    1616-1632 Mistletoe Blvd Fort Worth, TX 76104

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    For Lease
    Contact for pricing

    0.7-acre lot, 5 buildable parcels. High-growth area.

    Lot size:
    30,491 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.7-acre land parcel presents a unique investment opportunity in Fort Worth's thriving Medical District. Located on Mistletoe Boulevard, directly adjacent to the Baylor Scott & White Medical Campus, this property offers unparalleled access to a high-demand area. The site comprises five contiguous 0.14-acre lots, four of which currently house approximately 2,000 square feet of residential duplexes. The zoning is designated NS-T5 within Tarrant County, Texas, and the property's address is 1616-1632 Mistletoe Blvd, Fort Worth, TX 76104. With its strategic location and potential for development, this property is ideal for investors seeking high-growth potential in a rapidly expanding medical hub. The existing structures provide immediate income potential, while the vacant lot offers flexibility for future development. This is a rare opportunity to acquire a significant land holding in one of Fort Worth's most desirable and rapidly appreciating areas. The property's proximity to the Baylor Scott & White Medical Campus ensures strong demand and long-term value. Serious inquiries are encouraged.

    Property Features for 1616-1632 Mistletoe Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,491 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Lot
    Size
    30,491 SF

    HighLights

    • 0.7‑acre land parcel in Fort Worth's Medical District, offering high‑growth potential.
    • Located on Mistletoe Blvd, adjacent to Baylor Scott & White Medical Campus.
    • Five contiguous 0.14‑acre lots; four have ~2,000 SF of duplexes providing immediate income.
    • NS‑T5 zoning (Tarrant County); address: 1616‑1632 Mistletoe Blvd, Fort Worth, TX 76104.
    • Strategic location in a rapidly appreciating medical hub, ideal for investors.
    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 lot, 5 buildable parcels. High-growth area.
    Where is this land located?
    The property is located at 1616-1632 Mistletoe Blvd Fort Worth, TX.
    What are key features of this property?
    This property features: 0.7-acre land parcel in Fort Worth's Medical District, offering high-growth potential.; Located on Mistletoe Blvd, adjacent to Baylor Scott & White Medical Campus.; Five contiguous 0.14-acre lots; four have ~2,000 SF of duplexes providing immediate income.
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    Fort Worth, TX 76104
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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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