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Property profile & analytics
FOR SALE
Strip malls

3001 Fair Dr Fort Worth, TX 76131

1.41 ac lot Built 2007
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3375147
Property summary
AI-generated overview

This exceptional 1.7-acre parcel, identified by APN 41184343, presents a remarkable opportunity for retail development in Fort Worth, Texas. Located at 3001 Fair Dr, 76131, this strategically positioned property boasts 57,000 square feet of buildable land zoned E Commercial, offering unparalleled visibility and accessibility. The asking price is $1,011,830, translating to $17.75 per square foot and $718,731 per acre. Its square shape simplifies development planning, and the site benefits from existing utilities, making it ready for immediate construction. The property enjoys exceptional visibility from I-35 and is adjacent to an established shopping center, capitalizing on existing foot traffic and brand recognition. This location within the thriving Alliance corridor is surrounded by a burgeoning residential community, with over 7,500 new homes recently constructed, ranging in price from $150,000 to $400,000, ensuring a robust customer base. Furthermore, its proximity to the Burlington Northern Sante Fe Regional Headquarters provides additional potential for business synergy and high-traffic volume. This prime pad site offers a unique blend of location, accessibility, and development readiness, making it an ideal investment for discerning buyers seeking high-return potential in a rapidly growing market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Lot 1.41 ac (61,332 SF)
APN 46051D-1-7
UPID US82-3375147
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
Sar Western Plaza Center · 19 yrs held
Sar Western Plaza Center
since 2006
7 recorded transactions
2020
Price N/A
2009
Price N/A
2008
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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