8932 Balch Street Fort Worth, TX 76140

$2,852,745

About this home

Property Overview

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase two development Sites located at 8932 Balch Street, 9128 Crimson Lane, 9105 Azure Lane, and 9501 South Race Street in Fort Worth, TX. These sites can be bought together or separately. This offering has a concept plan for 372 dwelling units—120 units on the North Site (5.068+- acres and zoned for multifamily) and 252 units on the South Site (30.99+- acres and zoned for townhomes).

Both Sites are located just 2 miles east of Interstate 35 and 2.5 miles south of Interstate 20, two major thoroughfares that provide excellent accessibility. These Sites are located near key community amenities including Everman High School and Johnson Park, adding to their appeal for future residents. A hub of the south central Tarrant County industrial submarket is located a mile west from the Sites, giving future residents excellent employment opportunities. With pricing at just $3.75 per square foot for the North Site and $1.50 per square foot for the South Site, this is a great opportunity to acquire well-located entitled land in a high-demand area.