306 S Rayner St, Fort Worth, TX 76111

$2,227,000

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List Price
$2,227,000
MLS#
21426733
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1999
Construction Status
Unknown
Acres
1.01
County
Tarrant
City
Fort Worth
Subdivision
Bassett Add

Property Description

Exceptional development opportunity on 1.01 acres of vacant land zoned MU-1 (Low Intensity Mixed-Use) in Fort Worth's growing urban core. Prominently positioned on the corner of East 4th Street and South Rayner Street, this property offers excellent frontage along two streets, providing visibility, accessibility, and flexibility for future development. Ideally situated near the Trinity River and Trinity Trails, the property enjoys convenient proximity to popular destinations including Martin House Brewery, Topgolf, and the Riverwalk townhome community. Its location near downtown Fort Worth offers access to recreation, entertainment, dining, and major employment centers. With approximately 44,000 square feet of land, this highly visible corner parcel presents an exciting opportunity for developers and investors seeking to capitalize on continued growth and redevelopment in the surrounding area. MU-1 zoning allows for a range of potential residential, commercial, and mixed-use concepts, making this an attractive site for townhomes, multifamily residential, neighborhood-serving retail, professional offices, or a thoughtfully designed mixed-use development, subject to applicable approvals. An outstanding opportunity to bring a new vision to an evolving Fort Worth neighborhood. Buyer to verify permitted uses, zoning requirements, utilities, access, and development feasibility.

Additional Information

Unexempt Taxes
$539
Lot Size
43,995
Acres
1.01
Possession
CloseOfEscrow
Inclusions
Land Only

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Listing courtesy of Gwendolyn Harper from Briggs Freeman Sotheby's Int'l. Contact: 817-731-8466

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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