DB2RE Properties

2700 Azalea

2700 Azalea Avenue, Fort Worth, Tarrant County, Texas 76107

Price:  $1,489,740


Cap Rate:  Market


Occupancy:   Vacant


Lot Size:  0.57 AC / 24,829 SF


Zoning:  MI-1


Debt:  Free & Clear


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Highlights

  • Coveted centralized location along Carroll Street – 0.25 miles north of W. 7th Street and 0.25 miles south of White Settlement Road
  • Adjacent to The Moderne Condos – 43 unit luxury condo project schedule for completion Q1 2020
  • Across the street from Elan West 7th – Fort Worth’s most notable 374 room luxury apartment complex
  • Next door to Montgomery Plaza – Fort Worth’s premier 46 acre master-planned community
  • MU-1 zoning promotes an array of high-density uses with a max height up to 3-5 stories
  • 90,316 – 264,445 residents within three and five mile radius. Average household incomes between $76,428 – $68,215

Description

DB2RE is pleased to present 2700 Azalea, a 0.57 acre parcel zoned MU-1 in the heart of the W. 7th District of Fort Worth, Texas. As one of the fastest growing urban / infill markets in the Nation, 2700 Azalea boasts a coveted centralized location along Carroll Street, 0.25 miles north of W. 7th Street and 0.25 miles south of White Settlement Road, three of the trade area’s dominant thoroughfares. Directly adjacent to the track sits Elan West 7th, Fort Worth’s most notable 374 room luxury apartment complex, Montgomery Plaza, the historic 46 acre master-planned development includes an ideal blend of luxury living and retailers such as Target and Chick-Fil-A, as well as, The Foundry District, the city’s premier design district and creative office / retail destinations. Other notable developments surrounding the property include: Left Bank, Crockett Row, Foch Street and countless other multi-family, hotel, office and retail projects.

Location

2700 Azalea

2700 Azalea Avenue, Fort Worth, Tarrant County, Texas 76107

2700 Azalea

Contact Us About this Property

Edward Bogel

Edward Bogel

Partner
TREC #598526

214.526.3626 ext. 102
EBogel@DB2RE.com

Cameron Deptula

Cameron Deptula

Investment Sales
TREC #622382

214.526.3626 ext. 116
CDeptula@db2re.com