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Redevelopment Opportunity in Central Arlington Heights – $100,000

December 16, 2024

Seize a rare chance to own and redevelop a City of Fort Worth property in the historic Central Arlington Heights neighborhood. This unique offering presents endless possibilities for the right buyer, whether to reimagine the space or create a new project in one of Fort Worth’s most iconic areas.

Property Highlights:

  • Prime Location: Situated in the desirable Central Arlington Heights neighborhood, known for its charm and proximity to Fort Worth’s key attractions.
  • Redevelopment Conditions:
    • The property is in a City Flood Risk Area (non-FEMA flood zone) and requires adherence to elevation requirements (must be raised 2 feet above base flood grade).
    • Alternatively, it can be demolished and converted into green space or rebuilt, meeting city guidelines, including new drainage easements.
  • City-Owned Property:
    • Sold As-Is, with no seller’s disclosure provided.
    • Offers must be submitted before February 28, 2025, and the highest cash offer will be selected.
    • Approval by the Fort Worth City Council in a public meeting is required for the final sale.

Property Details:

  • Price: $100,000
  • Address: 2300 Carleton Ave, Fort Worth, TX 76107
  • Bedrooms: 2
  • Bathrooms: 2
  • Living Space: 3,890 sq. ft.

Important Notes:

  • Tours require a signed Waiver, Release, and Indemnity Agreement submitted 24 hours in advance.
  • Property tours are available on Tuesdays, subject to the listing agent’s availability.
  • Contact the listing agent or your representative to access the city’s project summary and more details.

Key Dates and Action Steps:

  • Property must be marketed for a minimum of 90 days.
  • Submit your offer before February 28, 2025.

Your Opportunity Awaits:

This property offers a rare investment or redevelopment chance with incredible potential for the right buyer. Don’t miss your opportunity to create something remarkable in Central Arlington Heights. Contact the listing agent today for more details and to schedule your tour! If you’re interested in learning more about this unique property, please contact the listing agent through the Zillow link provided below the photos.

Listed for sale on Zillow