Listed by KW Commercial Texas, KW Commercial
$995,000
Panther Island commercial opportunity
Details
APN 06386709
Property Type Retail, Industrial
Sub Type Storefront, Flex
Square Footage 3,258
Net Rentable (SqFt) 3,258
Units 1
Tenancy Single
Lease Type Gross
Price per SqFt $306
Year Built 1963
Buildings 1
Stories 1
Acreage 0.340
Zoning PI-N-2
Investment Type Redevelopment
Ground Lease No
Ownership Corporation
Retail | 3,258 SqFt
Marketing description
Rare redevelopment opportunity near the transformative Panther Island district in Fort Worth. This ±3,258 SF industrial commercial property sits on approximately 0.34 acres within the path of one of North Texas' largest urban revitalization projects. Panther Island is a multi-billion-dollar flood control and mixed-use redevelopment initiative designed to create a 300-acre waterfront district featuring canals, walkable urban spaces, parks, residential development, and over 3 million SF of future commercial space. Property may have potential future waterfront positioning along the proposed canal system pending final approvals and development execution. Excellent opportunity for investors, developers, or owner-users seeking long-term upside in a rapidly evolving corridor.
Investment highlights
- Exceptional redevelopment opportunity located within the path of growth surrounding the highly anticipated Panther Island project in Fort Worth. Situated on approximately 0.34 acres with an existing ±3,258 SF industrial commercial building, this property offers investors, developers, and owner-users a rare chance to secure a position in one of North Texas' most transformative urban redevelopment initiatives.
- Panther Island is a multi-billion-dollar flood control and urban revitalization project designed to reroute the Trinity River and create a 300-acre waterfront district immediately north of Downtown Fort Worth. The long-term vision includes high-density residential, commercial, retail, entertainment, and mixed-use development connected by canals, walkable streets, parks, and waterfront gathering spaces inspired by destinations such as the San Antonio Riverwalk.
- Current development plans for Panther Island include approximately 10,000 residential units and over 3 million square feet of commercial, retail, and educational space, along with extensive parks, trails, and pedestrian connectivity linking Downtown, the Cultural District, and the Stockyards.
- This property may potentially benefit from future waterfront positioning along the proposed canal system pending final city approvals, infrastructure completion, development execution, and future land planning. The area continues to attract substantial public and private investment as infrastructure and flood control improvements progress toward projected completion timelines.
- The project is a collaborative effort between the U.S. Army Corps of Engineers, Tarrant Regional Water District, the City of Fort Worth, and Tarrant County, with primary flood control and bypass channel components currently projected for completion around 2032.
- The existing industrial improvements provide immediate usability while also offering significant long-term redevelopment and appreciation potential in a rapidly evolving urban corridor.
- Buyer to independently verify all zoning, redevelopment plans, future land use, canal frontage potential, and
Listing Contacts
Listed by KW Commercial Texas, KW Commercial
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