1714 Vaughn Blvd Fort Worth, TX 76105-3120

This 26,250 sq ft lot in Fort Worth, TX (APN 2242001) presents a significant redevelopment opportunity. Located just four blocks from Texas Wesleyan University, the property boasts flexible MU-1 zoning allowing for higher-density, mixed-use development, potentially including retail, restaurants, and student housing. The two-story, 9,580 sq ft building (1914 construction) is vacant and requires complete interior demolition; however, exterior walls are structurally sound. A Phase I ESA and limited Phase II environmental assessment have been completed, addressing soil contamination from previous commercial insecticide use. Remediation of a specific area is required before redevelopment. The maximum building height is 3-5 stories, with potential height bonuses subject to Urban Design Commission review. The property is unsafe for tours without a signed Letter of Intent. Buyer's due diligence is strongly recommended, including review of provided environmental assessment materials. Net rentable space is 9,580 sq ft. The asking price is $380,000.