2924 Belknap St Fort Worth, TX 76111
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.