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GP Theriot IV

gp@gptheriot.com +1(214) 789-5888

$ 450,000

Est. payment | -/mo

3.12 Acres Lot

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$ 450,000

Est. payment | -/mo

Save Virtual Tour

3.12 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Whitney Crossing

MLS Listing ID 20969744

HOA Y/N No

Lot Size 3.122 Acres

Acres 3.122

Property Sub-Type Unimproved Land

Property Description

This development opportunity in White Settlement presents a compelling prospect for investors and developers. Owned by the city's Economic Development Corporation (EDC), the site benefits from existing utility infrastructure and a strategic location near major employers like Lockheed Martin and downtown Fort Worth. The City of White Settlement envisions this parcel as a vibrant mixed-use development, combining retail spaces on the ground floor with residential units above. This concept aligns with the city's 2040 Comprehensive Plan, which emphasizes revitalizing commercial corridors and promoting mixed-use developments to enhance community engagement and economic growth. While the property has existing water and sewer lines, these systems are over 30 years old and may require modernization to meet current standards. Previously zoned for residential use, any shift back to residential or mixed-use zoning would necessitate approval from the Planning & Zoning Board and a re-platting process. There is a notable demand in the area for multi-tenant retail spaces and neighborhood grocery stores. For interested developers: Engage with the EDC, Consult Planning & Zoning: Review zoning requirements and begin the re-platting process if necessary. Assess Infrastructure Needs: Evaluate the existing utilities and plan for necessary upgrades. This opportunity offers a chance to contribute to the growth and revitalization of White Settlement, aligning with the city's vision for a dynamic, mixed-use community hub.

Location

State TX

County Tarrant

Zoning Commercial

Direction I30 exit Cherry Lane and go North. Property on left hand side past Brewer Middle School.

Interior

Fireplace No

Exterior

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Present Use Unimproved

Road Frontage City Street

Private Pool No

Building

Lot Description Acreage, City Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools West

Middle Schools Brewer, Tannahill

High Schools Brewer

School District White Settlement Isd

Others

Tax ID 43209681

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20969744

Nearby Locations

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GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

730 S Cherry LN White Settlement, TX 76108

GP Theriot IV

Key Details

Location

Interior

Exterior

Building

Schools

Others

730 S Cherry LN