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Property profile & analytics
FOR SALE
Commercial real estate

701 Mcpherson Rd Fort Worth, TX 76140

563,231 SF 12.93 ac lot
Property ID
US82-2646887
701 Mcpherson Rd, Fort Worth, TX 76140 For Sale
Contact for pricing 563,231 SF
701 Mcpherson Rd, Fort Worth, TX 76140
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Property summary
AI-generated overview

This exceptional ±12.93-acre parcel in Fort Worth, Texas, presents a prime opportunity for multifamily development. Located at 701 McPherson Rd, 76140, this property boasts CR zoning allowing for 16 units per acre, totaling significant development potential. Utilities are available on-site. The land is conveniently situated less than a mile from I-35W, providing direct access to both northbound and southbound traffic, and within 5 miles of I-20. This location offers easy access to both downtown Fort Worth and Burleson, which is approximately 10 minutes away. The property is served by the Burleson ISD, with Ann Brock Elementary, Nick Kerr Middle School, and Centennial High School nearby. Priced at $3,500,000, this entitled development opportunity is situated in a thriving market

Property profile
Verified
Property type Commercial real estate
Total area 563,231 SF
Lot 12.93 ac (563,231 SF)
APN A 930-3D
UPID US82-2646887
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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