8932 Balch St - Residential LAND FOR SALE


Fort Worth, TX 76140- South Fort Worth1,570,774 SF
$2,852,745 USD
214-556-1951
8932 Balch St, Fort Worth, TX for Sale
$2,852,745 USD
Residential LAND - FOR SALE
1/4
1,570,774 SF

8932 Balch St
Fort Worth, TX 76140
South Fort Worth


HIGHLIGHTS

  • The Sites are within walking distance of Johnson Park, which includes a dog park, baseball fields, and a basketball court.
  • Schools within a half mile radius of the Sites are Everman High School, Everman Junior High School, and Hommel and J.W. Bishop Elementary School.
  • The existing zoning for the North Site is “D- High Density Multifamily” which allows for a maximum of 32 dwelling units per acre.
  • On the South Site the zoning is “R2 – Townhouse/Cluster Residential” which allows one-family attached townhouse/rowhouse dwellings, maximum of 24/ac.

OVERVIEW

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase two development Sites located at 8932 Balch Street, 9128 Crimson Lane, 9105 Azure Lane, and 9501 South Race Street in Fort Worth, TX. These sites can be bought together or separately. This offering has a concept plan for 372 dwelling units—120 units on the North Site (5.068+/- acres and zoned for multifamily) and 252 units on the South Site (30.99+/- acres and zoned for townhomes). Both Sites are located just 2 miles east of Interstate 35 and 2.5 miles south of Interstate 20, two major thoroughfares that provide excellent accessibility. These Sites are located near key community amenities including Everman High School and Johnson Park, adding to their appeal for future residents. A hub of the south central Tarrant County industrial submarket is located a mile west from the Sites, giving future residents excellent employment opportunities. With pricing at just $3.75 per square foot for the North Site and $1.50 per square foot for the South Site, this is a great opportunity to acquire well-located entitled land in a high-demand area. A 3% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity; a third party broker must register their client upon initial contact with VREA.

FOR SALE DETAILS

PRICE

$2,852,745 USD

PRICE/ACRE

$79,111/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

30.99+/- & 5.068+/- Acres Fort Worth, TX

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Single Family Development

LAND ACRES

36.06 AC

LAND SF

1,570,774 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

D & R2

APN/PARCEL ID

05036488,05036577,42592885

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.