Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

924 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1119 W 5th St - Outstanding Downtown Development Tract

0.23 Acres of Industrial Land Offered at $1,375,000 in Fort Worth, TX 76102

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Outstanding 10,150 SF development parcel in downtown Fort Worth
Property currently comprised of a 8,940 square foot single-story warehouse.

Highest and best use is likely multi-story multifamily or office development.

EXECUTIVE SUMMARY

Located in downtown Fort Worth between Summit Ave and N. Henderson St, this 10,150 square foot land parcel provides an outstanding opportunity for a significant new development. The property is ideally suited for a new multifamily or office building. However, the property consists today of a single-story warehouse approximately 8,940 square feet in size.

1119 W. 5th St_FINAL-Sept 17 2024

PROPERTY FACTS

Price	$1,375,000	Property Subtype	Industrial
Sale Type	Investment or Owner User	Proposed Use	Office Multifamily Apartment Units
No. Lots	1	Total Lot Size	0.23 AC
Property Type	Land

Price	$1,375,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Office Multifamily Apartment Units
Total Lot Size	0.23 AC

1 LOT AVAILABLE

Lot

Price	$1,375,000	Lot Size	0.23 AC
Price Per AC	$5,900,983.64

Price	$1,375,000
Price Per AC	$5,900,983.64
Lot Size	0.23 AC

The property consists of a 10,150 square foot parcel of land with an existing warehouse consisting of approximately 8,940 square feet. The highest and best use is for a new mid or high rise multifamily or office development.

DESCRIPTION

Property consists of an existing single-story warehouse of approximately 8,940 square feet on a parcel containing approximately 10,150 square feet of land, all per Tarrant Appraisal District records. The Property is situated on the south side of W. 5th Street between Summit Avenue and Lexington Street. Property is next door, and across the street from four-story luxury apartment projects. The Property is ideally suited for a new, mid-rise or high-rise development. The property is zoned “H” Central Business. All uses permitted in “G”, plus multifamily residential, printing/publishing. No height restrictions and permissive area regulations. Restricted to designated Central Business District. Downtown Urban Design District (DUDD) overlay.

1 of 1

Walk Score®

Very Walkable (84)

Bike Score®

Very Bikeable (70)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	02327643	Improvements Assessment	$82,188
Land Assessment	$558,250	Total Assessment	$640,438

PROPERTY TAXES

Parcel Number

02327643

Land Assessment

$558,250

Improvements Assessment

$82,188

Total Assessment

$640,438

ZONING

Zoning Code	"H"-Central Business (All uses permitted in “G”, plus multifamily residential..." No height restrictions. Downtown Urban Design District (DUDD) overlay.)
"H"-Central Business (All uses permitted in “G”, plus multifamily residential..." No height restrictions. Downtown Urban Design District (DUDD) overlay.)

Listing ID: 32972600
Date on Market: 8/27/2024
Last Updated:
Address: 1119 W 5th St, Fort Worth, TX 76102

1 of 4

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/4

1119 W 5th St, Fort Worth, TX for sale Building Photo- Image 1 of 4 — 1119 W 5th St - 3D Aerial image

1119 W 5th St, Fort Worth, TX for sale Building Photo- Image 2 of 4 — 1119 W. 5th St - eblast pic

1119 W 5th St, Fort Worth, TX for sale Primary Photo- Image 3 of 4 — _S7A6454

1 of 1

This feature is unavailable at the moment.