2700 Azalea Ave Fort Worth, TX 76107
For Sale
This 1.35-acre tract in Fort Worth's West 7th District offers a unique development opportunity. Located on Carroll Street, it's ideally situated 0.25 miles from both West 7th Street and White Settlement Road, three major thoroughfares. The property boasts a MU-1 zoning designation, allowing for a variety of high-density uses, including residential, potentially up to 3-5 stories. Its prime location is surrounded by thriving developments, including The Moderne Condos (a 43-unit luxury condo complex), Elan West 7th (a 374-room luxury apartment complex), and Montgomery Plaza (a 46-acre master-planned community with retail such as Target and Chick-fil-A). The surrounding area includes the Foundry District, a design district with creative office and retail spaces. The West 7th District is known for its vibrant mix of museums, event venues, restaurants, and upscale living, creating high demand. This site presents a rare chance to build within this high-barrier-to-entry market. The area's population within a three-to-five-mile radius ranges from 90,316 to 264,445 residents, with average household incomes between $68,215 and $76,428. This exceptional location and zoning make this land ideal for developers seeking a high-impact project in a dynamic urban setting. The address is 2700 Azalea Ave, Fort Worth, TX 76107.
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.