4904 Lancaster AveFort Worth, TX 76103

  • Commercial land
  • 1,316 SF
For Sale
$115,200 View listing

Property Details for 4904 Lancaster Ave

Year built
1918
Lot size
0.47 AC
Property size (Sq ft)
1,316 SF
Property type
Commercial land
APN
A 33-26B
APU
A3326B

Description

This 19,200 square foot commercial land parcel, located at 4904 E Lancaster Ave, Fort Worth, Texas 76103, is priced at $115,200 ($6/SF). The property is zoned for E Neighborhood Commercial use and boasts a prime location on a main corridor with high traffic and visibility. This presents a significant opportunity for developers seeking high-impact commercial projects. The site benefits from being situated within the East Lancaster Avenue Public Improvement District and the NEZ Area Six Neighborhood Empowerment Zone, offering potential advantages through city programs. Owner financing is available, making this an attractive investment. The high population density in the surrounding area, including several nearby multi-family properties, supports the viability of various commercial ventures. Note that a neighboring property at 4906 E Lancaster Ave is also available for purchase. This property is ideal for businesses seeking high visibility and access to a dense population base. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $211,788
    Hospitality
    $193,997
    Educational
    $161,403
    Medical
    $166,954
    Retail
    $251,072

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7402
Longitude
-97.2495
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
$489
$30,720
-
$30,720
-
$30,720
-
$30,720

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