Development Site Ideal For Multi-Family or Medical-Commerical
1801 Park Place Avenue Fort Worth, TX 76110
$8,500,000 / ($63.50 PSF) - 130,178 SF / 2.988 Acres (+/-) Per Survey
Located in the Near Southside area - one block west of 8th Avenue - 2 blocks south of Baylor All Saints Hospital, just south of downtown Fort Worth.
Taxes 2017 are $14,500 approximate - TAD value of $511,547.
Zoning is NS-T5I (Allows commercial, multi-family and industrial uses) (Texas Southside Development Standards & Guidelines available upon request).
Comments:
1.) Subject site currently occupied by Quarles Lumber Company-who will need time to relocate.
2.) This site is directly across the street from a new surgical center and office development (Site purchased in 2012 and new construction completed)
Additional Info:
1.) Adjacent to the south of subject site is a 2.12 Acre (+/-) site - also available - price negotiable (Also zoned NS-T5I)
2.) The rail spur to the east of subject property contains approx. 1.24 acres and could possibly be purchased-price negotiable.
Contact:
Gary E. Vasseur, Vasseur Commercial Real Estate, Inc.