701 Mcpherson Rd Fort Worth, TX 76140
- Commercial real estate
- 563,231 SF
- 12.93 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 701 Mcpherson Rd
- Lot size
- 12.93 lot acres
- Property size
- 563,231 SF
- Property type
- Commercial real estate
- APN
- A 930-3D
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.307317
- Latitude
- 32.605054
