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1119 W 5th St

8,940 SF Industrial Building Fort Worth, TX 76102 $1,375,000 ($154/SF)

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

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. 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.

Property Facts

Price $1,375,000
Price Per SF $154
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Office Office Live Work Unit
Building Class C
Lot Size 0.24 AC
Rentable Building Area 8,940 SF
No. Stories 1
Year Built 1950
Tenancy Single
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.®

PROPERTY TAXES

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: 32972922

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 1119 W 5th St, Fort Worth, TX 76102

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