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Property profile & analytics
FOR LEASE
Parking lots & garages

1405 S Cherry Ln White Settlement, TX 76108

2,323 SF 0.48 ac lot Built 1987
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US82-1225151
Property summary
AI-generated overview

This exceptional 0.512-acre commercial land parcel presents a unique investment opportunity in the thriving White Settlement area of Fort Worth, Texas. Located at 1405 S. Cherry Ln., zip code 76108, this property is zoned C-C - Corridor Commercial, offering significant flexibility for various commercial uses. The site currently features one existing building, although the exact square footage is not specified, allowing for potential redevelopment or expansion. The property's size allows for a minimum divisible space of 0 square feet and a maximum contiguous space of 22,302 square feet, providing adaptability for a range of business needs. This translates to a highly versatile space suitable for multiple tenants or a single large-scale operation. Situated in Tarrant County, this location benefits from excellent access to major transportation routes, ensuring high visibility and convenient access for customers and employees. The property's potential is further enhanced by its strategic location within a dynamic commercial corridor. This is an ideal opportunity for developers, investors, or businesses seeking a prominent location in a rapidly growing area of Fort Worth. The latitude and longitude coordinates are 32.745038, -97.4514394 respectively.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1987
Total area 2,323 SF
Lot 0.48 ac (20,909 SF)
APN 37238-1-1R
UPID US82-1225151
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kjf Partners 24wt LLC · 5 yrs held
Kjf Partners 24wt LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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