- For Sale $675,000
- Property Type VacantLand
- Lot Size 12.5 Acre
- Date Updated May 20, 2026
Description
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.
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.
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Contacts
Greg Cagle
621 - NRT
Location
Located at Near the SW corner of S. Race Street and Oak Grove Shelby Road, Fort Worth., Fort Worth, TX 76140, this property is part of the South Oak Grove Estates neighborhood and Dallas Fort Worth market.
Contact Listing Broker
Greg Cagle
621 - NRT
