Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase a 17.28+/- acre commercial development site in Fort Worth, TX (the “Site”). The Site is dual zoned with 6+/- acres on the east side being zoned “E” Neighborhood Commercial with the balance being zoned “FR” General Commercial Restricted. Both zoning classifications allow for the same uses; however, “FR” zoning allows for all of the same uses as “E” but with added “moderately intense” uses such as theaters, auto sales, hotels, health care facilities, and large retail stores amongst others.
The Seller is open to a purchaser rezoning the Site for other potential uses such as light industrial, multifamily, townhome, or build-to-rent. The Site has excellent frontage (approx. 1,250+/- LF) along Old Granbury Road (McPherson Boulevard) and is less than a mile west of the Chisholm Trail Parkway, a major regional thoroughfare which connects with the remainder of the DFW Metroplex. This well-located development Site is being offered at $4,400,000 ($5.85psf).
A $50,000 co-broker fee is available to a Co-Broker that sources a principal that VREA has not previously contacted in any format or sent any information regarding this opportunity. Please contact VREA for additional information.