This exceptional 0.43-acre commercial land parcel presents a unique investment opportunity in Fort Worth, Texas. Situated at the highly visible southeast corner of the lighted intersection of 8th Avenue and Cantey Street, this property boasts a prime location with excellent visibility and accessibility. The site includes a 1,204 square foot stand-alone building currently occupied by a Flower Market, offering immediate income potential. The property's zoning designation is Light Industrial & Neighborhood Commercial, providing flexibility for a variety of uses. Built in 1948, the existing structure is situated on a 18,730 square foot lot within Tarrant County. Its strategic location places it directly across the street from a Fiesta Mart and just minutes from the Texas Christian University (TCU) campus, ensuring high foot traffic and strong potential for future growth. This property is ideal for investors seeking a well-located, income-producing asset with significant upside potential in a thriving urban area. The single-tenant occupancy simplifies management, while the prominent corner location ensures maximum exposure. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly developing area of Fort Worth.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$275,134
6.5%
$253,970
7%
$235,830
Comparable approach
Method
Valuation
Relative Method
$158,364
Geo Method
$374,884
Alternative Use
Use
Valuation
Industrial / Distribution
$491,869
Mixed-Use / Specialty
$254,438
Hospitality / Lodging
$188,460
Office
$254,356
Institutional / Educational
$265,003
Residential Income
$310,054
Multifamily
$364,251
Automotive / Energy
$227,146
Parking / Income-Based Land
$77,028.90
Restaurant / Food Service
$135,265
Healthcare / Senior Housing
$259,513
Location Insight
City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7112
Longitude
-97.3436
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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8Th Ave Fort Worth, TX 76110
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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