This exceptional 1.1-acre property in the desirable North Fort Worth-Keller area presents a rare opportunity. Zoned for light industrial use, it boasts two existing buildings totaling approximately 7,450 square feet, constructed in 2005. The main building comprises a spacious shop area of roughly 2,400 square feet, complemented by a 400-square-foot heated and cooled office space, a full bath, a half bath, and three 12'x12' roll-up doors. A separate structure, approximately 3,400 square feet, features two full baths and a substantial five-car garage (approximately 1,250 square feet), offering significant potential for conversion into additional office space. The property benefits from 100 feet of road frontage, access to city utilities, and is located outside of any flood zone. While the buildings exhibit deferred maintenance and are currently served by septic systems, sewer stubs are in place. Importantly, future residential use is prohibited. This property is being sold AS-IS. This presents a unique chance to acquire a valuable industrial site with existing structures, ideal for redevelopment or continued use. The location and zoning make this an attractive investment opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$9,739,830
Retail / Commercial
$5,022,450
Mixed-Use / Specialty
$5,026,540
Hospitality / Lodging
$3,716,460
Office
$5,019,590
Institutional / Educational
$5,233,440
Residential Income
$6,123,130
Multifamily
$7,221,790
Automotive / Energy
$4,485,810
Parking / Income-Based Land
$1,526,260
Restaurant / Food Service
$2,661,290
Healthcare / Senior Housing
$5,132,070
Location Insight
City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.9383
Longitude
-97.2738
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Keller Hicks Rd Fort Worth, TX 76244
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Keller Hicks Rd Fort Worth, TX 76244
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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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