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Property profile & analytics
OFF-MARKET
Commercial real estate

2924 Belknap St Fort Worth, TX 76111

0.23 ac lot
Individually Owned 10-yr Hold Free & Clear
Property ID
US82-7637032
Property summary
AI-generated overview

This exceptional 2.23-acre commercial land parcel presents a unique investment opportunity in Fort Worth, Texas. Located at the corner of Belknap and Retta Streets, this MU-1 zoned property boasts excellent visibility and accessibility. The site benefits from significant frontage on Belknap/Highway 377, a major thoroughfare connecting Downtown Fort Worth and Haltom City, providing easy access to key transportation arteries including I-35W, Highway 121, and I-30. The property is situated within the thriving River East Community, a dynamic area experiencing substantial growth and development. This mixed-use neighborhood features a blend of urban housing, contemporary apartments, and residential properties, creating a vibrant and diverse environment. The location offers immediate proximity to Race Street, a bustling hub of local restaurants, coffee shops, boutique retail, and entertainment venues, ensuring high foot traffic and strong consumer demand. The asking price for this strategically positioned land is $2,333,331. This presents a compelling opportunity to capitalize on the ongoing expansion of the River East Community and its strategic location near Downtown Fort Worth. The 2.23 acres and MU-1 zoning provide considerable flexibility for a wide range of commercial development projects.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.23 ac (10,149 SF)
APN A1056-83A01
UPID US82-7637032
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Arlene E Stotts · 10 yrs held
Arlene E Stotts
since 2016
2 recorded transactions
2016
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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