Multi-family Land

Located near the SW corner of S. Race Street and Oak Grove Shelby Road in Fort Worth, TX, this prime multi-family land is surrounded by a dynamic and growing area. Fort Worth offers a thriving economy, a vibrant cultural scene, and a strong demand for multifamily properties. The nearby Chisholm Trail Parkway provides convenient access to downtown Fort Worth, making the area attractive to residents seeking urban amenities. With its proximity to local schools, retail centers, and recreational facilities, this location presents a promising opportunity for a multifamily investor looking to capitalize on the strong market demand in Fort Worth.Introducing an exceptional opportunity for Multifamily investors in Fort Worth, TX. This prime property is zoned for 24 units per acre and boasts all utilities to the site, offering a seamless development process. A portion of the land is currently owned by NRP Group, with a fully leased Phase 1 and a considerable waiting list, demonstrating strong demand for rental units in the area. Adjacent to the property, LGI Homes is underway with the development of 600 single-family homes on 122 acres, highlighting the area's growth potential. With the added convenience of being within walking distance to a High School and Middle School, this property presents a compelling investment prospect in a thriving market.