This exceptional 11.03-acre commercial land tract in Haltom City, Texas (APN 07389515), boasts a prime location at the northeast quadrant of Loop 820 and Beach Street, between Haltom Road and Fossil Ridge. Zoned C-2, this property offers excellent visibility and accessibility, with frontage directly on Interstate 820. While the property includes approximately 2 acres of rough topography in the floodplain, 4.37 acres of prime, level pad sites are available along the freeway, ready for immediate development without requiring fill. Two approved curb cuts from TXDOT ensure convenient access. The property's strategic location provides easy access to Interstate 35W (approximately 1.5 miles west) and the connection to SH 183/SH 121 (approximately 4 miles east), linking it to DFW Airport and Dallas. Surrounding the property is significant residential and multifamily development, making it ideal for various highway commercial uses. The asking price is $2,495,000 for the entire tract
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,131,518
6.5%
$1,967,556
7%
$1,827,016
Comparable approach
Method
Valuation
Relative Method
$2,876,007
Geo Method
$7,780,775
Alternative Use
Use
Valuation
Residential
$1,659,707
Hospitality
$1,520,282
Educational
$1,264,857
Medical
$1,308,358
Retail
$1,967,556
Location Insight
City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.7001
Longitude
-97.2349
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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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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