10637 Bilsky Bay DrFort Worth, TX 76140

  • Drive through restaurants
  • 0.85 AC
For Sale
$550,000 View listing

Property Details for 10637 Bilsky Bay Dr

Year built
2015
Lot size
0.85 AC
Property type
Drive through restaurants
APN
27804K-1-2R2A
APU
27804K12R2A

Description

This exceptional 0.94-acre commercial land parcel presents a compelling investment opportunity in Fort Worth, Texas. Located at 10637 Bilsky Bay Drive, within the McPherson Addition and Tarrant County, this property boasts a highly desirable location in a rapidly expanding area. Its strategic positioning offers easy access to major transportation arteries, including the Chisolm Trail Parkway and I-35, ensuring excellent visibility and convenient access for potential businesses and customers. The permitted zoning is commercial, making it suitable for a wide range of commercial ventures. The property's size and location make it particularly attractive for businesses in the food service, medical, or retail sectors, given the potential customer base and accessibility. This prime commercial land offers significant potential for development and substantial return on investment. Prospective buyers are advised to independently verify all zoning regulations and conduct their own due diligence before making a purchase decision. The asking price for this exceptional property is $550,000. The property is owned by Fort Worth Interventional LLC. The zip code is 76140.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,030,061
    6.5%
    $10,181,595
    7%
    $9,454,338
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,842,340
    Geo Method
    $28,033,574
  • Alternative Use

    Use
    Valuation
    Residential
    $8,588,556
    Hospitality
    $7,867,072
    Educational
    $6,545,311
    Medical
    $6,770,414
    Retail
    $10,181,595

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.6001
Longitude
-97.3215
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,653
$371,570
-
$371,570
-
$371,570
-
$371,570

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