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OFF-MARKET
Land

500 Katy Rd Fort Worth, TX 76244

Property ID
Property summary
AI-generated overview

This exceptional 32,510 square foot commercial land parcel is ideally situated at the northeast corner of Katy Road and Keller Hicks Road in Fort Worth, Texas, zip code 76244. Priced at $400,000 ($12.30 per square foot), this property presents a unique investment opportunity in a thriving area. The land is zoned "Katy Road," a mixed-use designation allowing for a variety of commercial and industrial uses. A detailed list of permitted uses is available upon request. Utilities are readily available on-site. This location benefits from its proximity to the Golden Triangle (a quarter-mile to the south) and Highway 377 (just to the east), ensuring high visibility and accessibility. A significant new D.R. Horton development is currently under construction directly across the street, further enhancing the area's growth potential. The property's strategic location makes it particularly well-suited for a convenience store, car wash, or restaurant. Please note that the billboard and access easement on the southern corner are excluded from this sale. This is a rare opportunity to acquire a substantial commercial lot in a rapidly developing area of Fort Worth.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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