4426 Hodgkins Rd Lake Worth, TX 76135-2137
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.
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
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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.