Property profile

4426 Hodgkins Rd Lake Worth, TX 76135

OFF-MARKET
Commercial land
Property ID
US82-5383657
10.58 ac lot
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10.72-acre commercial land parcel in Fort Worth, Texas, presents a remarkable investment opportunity for developers and investors. Located at 4426 Hodgkins Rd, 76135, this property boasts a prime location just 0.35 miles from Highway 199, situated at the corner of Lakeside Drive and Hodgkins Road. Currently zoned for commercial use, the land is approved for a 29-unit senior living quadplex development (116 total units), with construction nearing completion—projected to finish within three months. The APN is 03773833. Quadplex units will range in size from 2,822 to 3,492 square feet. The property offers city sewer, city water, and readily available electricity. There are no known restrictions on the land, which encompasses 466,963 square feet. The asking price is $7,500,000. Possession is available upon closing/funding. Buyers and their representatives are responsible for verifying all dimensions, allowable lot use, and MLS information, including square footage, zoning, utilities, and school districts. This is a turnkey opportunity to capitalize on a nearly completed development in a high-demand area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 10.58 ac (460,865 SF)
APN A 188-2CC
UPID US82-5383657

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4426 Hodgkins Rd Lake Worth, TX 76135-2137
Lake Worth metro Census 110401 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2021
6 recorded transactions
2021
Price N/A
2018
Price N/A
2014
Price N/A
2007
Price N/A
2004
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4426 Hodgkins Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message