730 S Cherry Lane new Save Request In-Person Tour Request Virtual Tour
White Settlement,TX 76108
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 None
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 Middle School.
Exterior
Utilities Available City Sewer,City Water
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools West
Middle Schools Brewer
High Schools Brewer
School District White Settlement Isd
Others
Restrictions Agricultural,Animals,No Livestock,No Mobile Home
Ownership White Settlement Economic Development Corp
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20969744