7621 Jacksboro HwyFort Worth, TX 76135

Property Details for 7621 Jacksboro Hwy

Year built

2008

Lot size

2.11 AC

Property size (Sq ft)

5,100 SF

Property type

Warehouses

APN

A1716---2J05---20

APU

A17162J0520

Description

This exceptional 4.87-acre commercial land parcel presents a remarkable investment opportunity in Fort Worth, Texas. Strategically located on Jacksboro Highway near Casino Beach, this property boasts over 500 feet of highway frontage, ensuring high visibility and accessibility. The land is comprised of five parcels totaling over four acres and is zoned for commercial use (E or F). With its prime location and significant highway frontage, this property is ideally suited for a wide range of commercial developments. The asking price is $2,400,000. The property's address is 7621 Jacksboro Hwy, Fort Worth, TX 76135, situated in Tarrant County. Its coordinates are 32.8200531 latitude and -97.458906 longitude. The substantial lot size and prominent highway location offer unparalleled potential for businesses seeking high-traffic exposure. This is a rare opportunity to acquire a large, commercially zoned tract in a thriving area of Fort Worth. The property's zoning allows for a variety of commercial uses, making it an attractive investment for developers and entrepreneurs alike. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing market. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $2,090,630

  6.5%

  $1,929,820

  7%

  $1,791,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $942,707

  Geo Method

  $2,443,020

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,001,440

  Mixed-Use / Specialty

  $1,007,210

  Hospitality / Lodging

  $751,108

  Office

  $1,010,950

  Institutional / Educational

  $1,050,430

  Residential Income

  $1,229,000

  Multifamily

  $1,422,250

  Automotive / Energy

  $900,365

  Parking / Income-Based Land

  $301,484

  Restaurant / Food Service

  $543,776

  Healthcare / Senior Housing

  $1,023,300

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.82

Longitude

-97.4583

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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