Multi-family Land

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

  • For Sale $3,400,000
  • Property Type VacantLand
  • Lot Size 12.5 Acre
  • Date Updated Apr 29, 2025
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.
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Highlights

  • - Zoned for 24 units per acre
  • - All utilities to site
  • - NRP Group owns fully leased Phase 1 with waiting list
  • - Adjacent 122 acres being developed by LGI Homes
  • - Walking distance to High School and Middle School

Contacts

broker

621 - NRT

Location

Getting Around

  • Walk Score ®

    15/100 Car-Dependent
  • Bike Score ®

    28/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Madea's Down Home Cooking

    1.14 miles

  • McDonald's

    2.11 miles

  • Popeyes

    2.13 miles

  • Burger King

    2.14 miles

  • Panda Express

    2.17 miles

  • Taco Bell

    2.32 miles

  • Chicken Express

    2.32 miles

  • Jimmy John's

    2.34 miles

  • Jack in the Box

    2.34 miles

  • Sonic

    2.45 miles

  • Everman Joe C Bean High School

    0.17 miles

  • Everman Academy High School

    0.66 miles

  • Bishop Elementary School

    0.83 miles

  • Charles Baxter Junior High School

    0.94 miles

  • Townley Elementary School

    0.98 miles

  • Johnson Sixth Grade Campus

    1.00 miles

  • Hommel Elementary School

    1.05 miles

  • Dan Powell Intermediate School

    1.05 miles

  • Souder Elementary School

    1.50 miles

  • Parkway Elementary School

    1.72 miles

  • Lil' Images of Blessings Christian Learning Center

    4.74 miles

  • The Children's Courtyard

    7.77 miles

  • Kinder Frogs School

    7.95 miles

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621 - NRT

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