950 Rosedale StFort Worth, TX 76104

For Sale
$1,500,000

Prime Retail Pad Site, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
94
This 2,703 sq ft vacant retail property in Fort Worth, Texas, presents a unique redevelopment opportunity. Situated on a hard corner lot (9,583.2 sq ft) with excellent visibility and high traffic (over 25,000 vehicles per day), this property offers significant potential. The building, constructed in 1976, features two units previously used as a convenience store and restaurant. The NS-T5 zoning allows for a wide range of uses, including convenience stores, service stations, and restaurants. The asking price is $1,500,000 ($554.94/sq ft), with a land value of $156.52/sq ft. This location benefits from its proximity to the Hospital District and the revitalized Near Southside District, offering strong growth potential. The property has been owned for over 40 years, representing a rare chance to acquire a well-positioned asset in a thriving area. The site boasts 82 feet of frontage on West Rosedale Street and includes a pylon sign and dedicated turn lane. This is an exceptional investment opportunity for those seeking to capitalize on the dynamic Fort Worth market. The property is vacant and ready for immediate redevelopment.

Highlights

  • Prime redevelopment opportunity in Fort Worth's Hospital District.
  • Existing 2,703 SF vacant convenience store and restaurant building ideal for owner-user or investor.
  • NS-T5 zoning allows for C-stores, service stations, and restaurants.
  • Hard corner lot with high visibility and over 25,000 vehicles per day.
  • Rare opportunity; the property hasn't been sold in over 40 years.
  • Limited competition; no comparable corner lots available in the area.

Property Details for 950 Rosedale St

Property type
Other retail properties, Restaurants
Square Feet
2,703 SF
Year Built
1976
Buildings
1
Stories
1
Units
2

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.733169913891
Longitude
-97.334072226064
950 Rosedale St, Fort Worth, Texas

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950 Rosedale St
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