500 Katy Rd Fort Worth, TX 76244
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.