730 S Cherry Lane, White Settlement, TX 76108 - MLS#20969744

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Rhonda Brown

CENTURY 21 Mike Bowman, Inc.

rhonda.brown@c21bowman.com +1(214) 414-2002

$450,000

Est. payment - /mo

3.12 Acres Lot

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UPDATED:

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

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Teresa Von Illyes • AmeriPlex Realty, Inc.

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Rhonda Brown

+1(214) 414-2002

Agent | License ID: 0747745

Agent License ID: 0747745

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730 S Cherry Lane White Settlement, TX 76108

Rhonda Brown

Key Details

Location

Exterior

Building

Schools

Others

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