Residential Land /TX /Tarrant County /Fort Worth /5220 E Lancaster Ave
Residential Land /TX /Tarrant County /Fort Worth /5220 E Lancaster Ave

5220 E Lancaster Ave - Residential LAND FOR SALE


Fort Worth, TX 76112 | 44,209 SF
$350,000 USD
682-429-5671
5220 E Lancaster Ave, Fort Worth, TX for Sale
$350,000 USD
Residential LAND - FOR SALE
1/7
44,209 SF
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5220 E Lancaster Ave
Fort Worth, TX 76112

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HIGHLIGHTS

  • Total projected construction costs are $3.3 million
  • Potential for $400,000+ annual investment income on property once construction complete
  • 5 mile population is 232,465 with a projected 0.12% growth between 2023-2028

OVERVIEW

Zoned multifamily 24 unit apartment complex Approved site plan with access to utilities Minimal soft cost for permitting Short development time

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/ACRE

$344,862/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Multi-Family Development Site | 24 Units

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

1.01 AC

LAND SF

44,209 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Gas, Cable, Telephone, Irrigation

ZONING

E-Neighborhood

APN/PARCEL ID

01143204

ASK ABOUT THIS PROPERTY

David SpinaVision Commercial RE DFW LLCMore Info
682-429-5671

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David SpinaVision Commercial RE DFW LLCMore Info
682-429-5671

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