Multi-family Land

For Sale

Near the SW corner of S. Race Street and Oak Grove Shelby Road, Fort Worth., Fort Worth, TX 76140

This Fort Worth property for sale is located at Near the SW corner of S. Race Street and Oak Grove Shelby Road, Fort Worth.. The current listed sale price for Multi-family Land is $675,000. Multi-family Land is situated on a lot that is 12.5 acre in size.

Contacts

Greg Cagle

621 - NRT

Property Details

  • Property Type VacantLand
  • Lot Size 12.5 Acre
  • Date Updated May 16, 2026
Located near the SW corner of S. Race Street and Oak Grove Shelby Road in just south of the I-20 and 1-35 interchange in Fort Worth, TX. providing convenient access to downtown Fort Worth, employers, and schools. Strong work force market demand in Fort Worth.Ideally positioned for immediate development, this multifamily site offers investors a rare combination of entitlement certainty and verified market demand. With zoning for 24 units per acre and utilities already at the site, the groundwork for success is already laid. The neighboring NRP Group consistantly stays at 97 - 100% occupancy and often with a waiting list, providing a clear proof of concept for new units. As LGI Homes is nearing completion on 600 neighboring single-family residences, the influx of infrastructure and new residents further secures this property’s position as a premier investment in a thriving, school-adjacent community.
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Highlights

  • Captive Market: Neighboring assets boast 97%+ occupancy, signaling a deep shortage of local inventory.
  • Explosive Submarket Growth: Positioned in one of Fort Worth’s fastest-growing commercial and residential hubs.
  • High-Density Advantage: Secure a hard-to-find site already optimized for 24 units/acre.
  • Motivated Disposition: Seller is highly motivated—DRASTIC PRICE CUT.
  • Neighborhood Synergy: Adjacency to 600 new rooftops provides excellent retail and service support.
  • Proximity to Employment: Direct I-35 pipeline to the downtown business district and major logistics centers.
  • Substantial Door Count: Significant 12.5-acre buildable footprint supports a 290-unit development.

Attachments

Getting around

  • 15/100

    Walk Score ®

  • 28/100

    Bike Score ®

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Location

  • City Fort Worth, TX
  • Neighborhood South Oak Grove Estates
  • Zip Code 76140
  • Market Dallas Fort Worth

Points of Interest

  • Fort Worth Central

    9.69 miles

  • Exxon

    0.72 miles

  • Love's

    2.18 miles

  • QuikTrip

    2.20 miles

  • Shell

    2.21 miles

  • 7-Eleven

    2.29 miles

  • Quick Track

    2.94 miles

  • EVgo

    3.99 miles

  • Tesla Supercharger

    4.16 miles

  • Volta

    7.83 miles

  • Blink

    8.59 miles

  • South Park and Ride

    3.97 miles

  • St. Bartholomew Catholic Church

    5.41 miles

  • Marti Van Ravenswaay Parking Lot

    5.43 miles

  • Marti Van Ravenswaay Parking

    5.50 miles

  • Altamesa Church of Christ

    6.67 miles

  • Lot 12

    7.36 miles

  • Lot 15

    7.63 miles

  • Lot 8

    7.68 miles

  • Lot 13

    7.69 miles

  • Hulen Mall Overflow Parking

    7.70 miles

  • Motel 6

    2.09 miles

  • Plaza Motel

    2.09 miles

  • Scottish Inns Fort Worth

    2.73 miles

  • Best Western Plus Fort Worth Forest Hill Inn & Suites

    3.04 miles

  • Hampton Inn & Suites Fort Worth/Forest Hill

    3.09 miles

  • La Quinta Inn & Suites Ft. Worth - Forest Hill TX

    3.11 miles

  • Quality Inn

    3.11 miles

  • DoubleTree by Hilton Fort Worth South Hotel & Conference Center

    3.12 miles

  • Motel 6 Ft. Worth South

    3.14 miles

  • Americas Best Value Inn & Suites Ft. Worth S

    3.15 miles

  • Everman Supermarket

    0.76 miles

  • WinCo Foods

    3.81 miles

  • TJ Maxx

    3.87 miles

  • Kohl's

    3.92 miles

  • Ross

    3.96 miles

  • JCPenney

    4.01 miles

  • Walmart Supercenter

    4.06 miles

  • Albertsons

    4.10 miles

  • El Rancho Supermercado

    4.59 miles

  • dd's Discounts

    5.10 miles

Contact Listing Broker
Greg Cagle

621 - NRT

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