Property summary
This exceptional 16.22-acre commercial/industrial development site boasts a prime location in Fort Worth's Alliance Corridor, directly across from Alliance Airport and fronting the I-35W service road. The property enjoys high visibility with a daily traffic count of 67,749 vehicles (TxDOT data). Approximately 11+ acres are zoned Light Industrial by the City of Fort Worth, within the I-35 Overlay District, allowing for diverse uses including commercial, retail, daycare, health facilities, or offices. The remaining 5.2+ acres are in the Fort Worth ETJ, offering additional development flexibility. The site's strategic location within a ten-mile radius of Roanoke, Southlake, and Westlake, coupled with its proximity to major transportation arteries (including State Highway 114 and the Alliance Gateway Freeway), ensures excellent accessibility. The strong local economy is highlighted by a 3.3% job market increase in Denton County over the last year, with projected 50% growth over the next decade (BestPlaces.net). The Northeast Tarrant/Alliance Industrial submarket shows an 8.8% increase in market rent per square foot and a 13.1% vacancy rate (Costar), indicating a thriving market. A population of 116,699 within a 5-mile radius (ESRI) further underscores the site's potential. The asking price is $6,400,000, or approximately $9.06 per square foot. Purchasers are responsible for verifying zoning and permitted uses.
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Property description
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