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5059 Riv Oaks Blvd River Oaks, TX 76114

Commercial land Google Maps
1.47 ac lot
Entity Owned Absentee Owner Free & Clear
5059 Riv Oaks Blvd, River Oaks, TX 76114 For Sale
Contact for pricing
5059 Riv Oaks Blvd, River Oaks, TX 76114
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Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US82-5024250

Property summary

AI-generated overview

This exceptional 1.47-acre commercial land parcel, located at 5059 River Oaks Blvd in River Oaks, Texas (zip code 76114, Tarrant County), presents a unique investment opportunity. Zoned C-2 Commercial, this property offers significant potential for retail development. The asking price is $495,000 for the entire lot, or a reduced price of $415,000 for the front portion. The lot is divisible, with the potential for approximately 30,823 square feet of development (plus or minus). This high-traffic location boasts an estimated 15,000 vehicles per day (plus or minus) on River Oaks Boulevard, ensuring high visibility and accessibility for any retail venture. Situated on the south side of River Oaks Boulevard, the property enjoys convenient proximity to major thoroughfares: a quarter-mile north of Roberts Cut Off and three-quarters of a mile south of Jacksboro Highway/199. Utilities are readily available on-site, simplifying the development process. This prime location and flexible options make this an ideal opportunity for investors seeking high-impact retail development in a thriving Texas market.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.47 ac (64,033 SF)
APN 31097L-A-1
UPID US82-5024250

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

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
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