6321 Wichita StForest Hill, TX 76119

Property Details for 6321 Wichita St

Year built

1983

Lot size

0.68 AC

Property size (Sq ft)

2,532 SF

Property type

Drive through restaurants

APN

7730-4-B-06

APU

77304B06

Description

This exceptional redevelopment opportunity presents a 2,049 square foot former quick-service restaurant (QSR) with a drive-thru, situated on a 0.68-acre lot at 6321 Wichita Street in Fort Worth, Texas, within Tarrant County. The property boasts excellent visibility on a major thoroughfare, Wichita Street, experiencing over 20,900 vehicles daily. Its location directly across from Tarrant County College – South Campus, with its over 8,100 students, ensures a consistent customer base. The surrounding area is a dense retail corridor, featuring established national brands such as Walgreens, CVS Pharmacy, Dollar General, Dollar Tree, McDonald's, Burger King, Starbucks, Taco Bell, Sonic, and Pizza Hut, among many others. This prime location offers strong demographics, with over 230,200 people residing within a 5-mile radius. The property's proximity to downtown Fort Worth (approximately 8 miles) adds further appeal. This is an ideal opportunity for investors or developers seeking a high-traffic, established location for a new restaurant concept or a significant retail redevelopment project. The zip code is 76119.

• CAP approach

  CAP return

  Valuation

  6%

  $751,625

  6.5%

  $693,807

  7%

  $644,250

• Comparable approach

  Method

  Valuation

  Relative Method

  $806,976

  Geo Method

  $1,910,300

• Alternative Use

  Use

  Valuation

  Residential

  $585,252

  Hospitality

  $536,088

  Educational

  $446,019

  Medical

  $461,358

  Retail

  $693,807

Location Insight

City

Forest Hill

County

Tarrant

State

Texas

Latitude

32.6641

Longitude

-97.2802

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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