615 N Saginaw - Residential LAND FOR SALE


Saginaw, TX 76179 277,913 SF
$1,845,000 USD
817-737-5000
615 N Saginaw, Saginaw, TX for Sale
$1,845,000 USD
Residential LAND - FOR SALE
1/2
277,913 SF

615 N Saginaw
Saginaw, TX 76179


HIGHLIGHTS

  • Zoned MF-1 provides an expedited development timeline
  • Infill Multifamily property surrounded by residential and commercial uses
  • Proximity to downtown Fort Worth and freeway access to greater DFW

OVERVIEW

Saginaw Multifamily Land Development opportunity located in Saginaw, Texas. The property is currently zoned MF-1 which allows for 18 units per acre density. This allows for immediate kickoff to development of a garden style apartment project or a townhome development. A similar site nearby is currently under construction for approximately 24 units per acre and was originally zoned MF-1. This site offers an opportunity for an expedited return. The development site is conveniently located with quick access to Interstate 820 and within 10 miles to the downtown Fort Worth. The property benefits from strong demographics, serving a five-mile radius population of approximately 204,000 residents and within a three-mile radius an average household income exceeding $100,000. Since 2006 the city has ranked among the top 25 fastest-growing cities in the country. The Saginaw Multifamily Land Development provides an expedited opportunity to developed an apartment or townhome community in the top ranked DFW Metroplex.

FOR SALE DETAILS

PRICE

$1,845,000 USD

PRICE/ACRE

$289,185/AC

PRICE/SF

$7 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Saginaw Multi-Family Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd, Hold for Development, Single Family Development

LAND ACRES

6.38 AC

LAND SF

277,913 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MF-1

APN/PARCEL ID

05942829

ASK ABOUT THIS PROPERTY

C.B. TeamEllis & Tinsley, Inc.More Info
817-737-5000

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C.B. TeamEllis & Tinsley, Inc.More Info
817-737-5000

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