What is the potential breakdown of investment and development opportunities in tract 1139.43?
Tract 1139.43 in Fort Worth, Texas, is an ecosystem with zoning equally divided into residential communities, agriculture, and industrial development. It is utopian. You have jobs, food growth, and housing within a one-mile radius.
What is the economic outlook for tract 1139.43, Fort Worth, Texas?
Between 2013 and 2020, the median household income in tract 1139.43 rose from $79,000 to $109,000, and the population from 1,000 to over 5,000—a phenomenal growth spurt for a single tract.
Most of the housing was built after 2020, although we identified 140 houses built before the 1980s.
How much can we develop in tract 1139.43, Fort Worth, Texas?
Using the Deepblocks software, we identified 17 sites with a combined 7M square feet of vacant land, zoned for light industrial and community housing. Because the zoning allows for up to 12 stories, the maximum buildable area across these sites is over 67M square feet.
Five different owners own the 17 vacant sites.
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