Technical
Financial
Distress signals
Property profile

6600 Mahafy St Fort Worth, TX 76135

OFF-MARKET
Commercial land
Property ID
US82-2989737
0.76 ac lot
Individually Owned 19-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 37-acre property in Tarrant County, Texas, presents a unique investment opportunity. Located at 6600 Mahafy St, Fort Worth, TX 76135, this land boasts significant frontage on Highway 199 (Jacksboro Highway), ensuring high visibility and accessibility. The property is situated within the ETJ of Fort Worth and borders both Azle and Fort Worth, benefiting from the projected growth of 50,000 homes within a 20-square-mile radius over the next 10 years. Served by the Azle Independent School District, this location offers strong potential for residential development. The land features a sizable pond, ideal for incorporating into a development plan, and is heavily tree-lined, offering a private and secluded feel. While the property is currently densely vegetated, its highly visible location and access to Highway 199 make it an attractive site for various commercial and residential uses. Gas pipeline easements/leases are available upon request. Note that a new survey will be needed. Access is via a gravel road off Highway 199, just past the Abbey Church; the entry point is marked by a sign at 6660 Mahafey St. The asking price is $1,500,000. A video showcasing the property is available online. This generational land offers a compelling investment opportunity for developers seeking a prime location with significant growth potential.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.76 ac (33,106 SF)
APN A1728-5C05
UPID US82-2989737

Cap rate & NOI

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

Location

6600 Mahafy St Fort Worth, TX 76135-9150
Fort Worth metro Census 100601 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2007
1 recorded transaction
2007
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
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