162 Rosedale StFort Worth, TX 76104

Property Details for 162 Rosedale St

Year built

1950

Lot size

0.12 AC

Property size (Sq ft)

2,200 SF

Property type

Commercial real estate

APN

26980-6-5A

APU

2698065A

Description

This exceptional 10,140 square foot commercial land parcel presents a unique investment opportunity in Fort Worth, Texas. Located at the northeast corner of West Rosedale Street and Galveston Avenue, this property boasts prominent frontage on three streets, offering unparalleled visibility and accessibility. Currently improved with a roughly 2,200 square foot brick structure built in 1950, the existing building is in rough condition and presents a blank canvas for redevelopment. The duplex structure features a restroom on each side. This prime location benefits from high traffic counts, averaging approximately 21,829 vehicles per day, according to COSTAR data. Its strategic position just one and a half blocks west of South Main Street and across from OFCO Office Furniture ensures excellent visibility and proximity to established businesses. The property is zoned NS-T5, providing flexibility for a variety of commercial uses. This is an ideal site for developers seeking a high-traffic location with significant redevelopment potential in a thriving Fort Worth neighborhood. The asking price is $675,000. This property is situated in Tarrant County, Texas, with the address being 162 W Rosedale St, Fort Worth, TX 76104.

• CAP approach

  CAP return

  Valuation

  6%

  $503,501

  6.5%

  $464,770

  7%

  $431,572

• Comparable approach

  Method

  Valuation

  Relative Method

  $278,240

  Geo Method

  $658,658

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $898,765

  Retail / Commercial

  $464,065

  Mixed-Use / Specialty

  $464,919

  Hospitality / Lodging

  $344,362

  Office

  $464,770

  Institutional / Educational

  $484,225

  Residential Income

  $566,544

  Multifamily

  $665,575

  Automotive / Energy

  $415,050

  Parking / Income-Based Land

  $140,750

  Restaurant / Food Service

  $247,162

  Healthcare / Senior Housing

  $474,194

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.7334

Longitude

-97.3271

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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