Redevelopment Opportunity in Wolfforth

7306 FM 179 Wolfforth, TX 79382

7306 FM 179, Wolfforth, TX, 79382
7306 FM 179, Wolfforth, TX, 79382
FOR SALE
Property Type:
Other Land
Amount:
$430,000
Last Verified:
Jun 21, 2024

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Description

This 74,740 square foot tract of land is located on highly trafficked FM 179/Dowden Road in an area of rapid growth. The property has a 2,096 square foot house on it that can be leased as is, converted to a commercial use, or torn down for redevelopment of the site. The property is on well and septic and is not in a flood zone.

Located on the west side of FM 179/Dowden Road approximately a half mile north of Donald Preston Drive in Wolfforth.

Lot Size: 1.72 acres


Documents

Sale Brochure

Map of 7306 FM 179, Wolfforth, TX, 79382

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.