For Sale
$1,375,000

1119 5Th St Fort Worth, TX 76102

10,150 SF lot, 8,940 SF warehouse

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional redevelopment opportunity presents a nearly quarter-acre lot in Fort Worth's vibrant downtown, just blocks from Sundance Square. The 10,150 square foot parcel features a 1-story, 8,940 square foot warehouse, currently vacant, built in 1950. Zoned "H" Central Business with no height restrictions, this property allows for diverse development, including high-rise office, townhomes, or multifamily apartments. Its location within the Downtown Urban Design District (DUDD) overlay offers additional advantages. The existing warehouse provides potential rental income during the planning and design phases of any new construction. The land is priced at $135.47 per square foot, totaling $1,375,000. The property is situated on the south side of West 5th Street, between Summit Avenue and Lexington Avenue, adjacent to recently constructed four-story luxury apartment buildings. The legal description is Rectors Addition, Block 5, Lot A. This prime location offers a low land basis for future development, making it an attractive investment.

Highlights

  • 10,150 SF land parcel with an 8,940 SF single-story warehouse; per Tarrant Appraisal District.
  • Located on the south side of W. 5th Street, between Summit and Lexington Avenues.
  • Adjacent to recently constructed four-story luxury apartments.
  • Ideal for mid-rise or high-rise development.
  • H Central Business zoning; no height restrictions; Downtown Urban Design District (DUDD) overlay.
  • Legal Description: Rectors Addition, Block 5, Lot A.

Property Details for 1119 5Th St

Property type
Warehouses, Land
Square Feet
8,940 SF
Year Built
1950
Buildings
1
Stories
1

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.751835347904
Longitude
-97.338977506239

FAQs

What type of property is this?
Warehouse - 10,150 SF lot, 8,940 SF warehouse
Where is the warehouse located?
The property is located at 1119 5Th St Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 10,150 SF land parcel with an 8,940 SF single-story warehouse; per Tarrant Appraisal District.; Located on the south side of W. 5th Street, between Summit and Lexington Avenues.; Adjacent to recently constructed four-story luxury apartments.
How can I contact the broker?
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1119 5Th St
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