Evans Ave. Retail / Office

Investment Overview

2300 Evans Avenue is a 5,038 SF building on a 10,080 SF (0.185-acre) infill lot in Fort Worth's Hyde Park Addition, within the Evans & Rosedale corridor of the Near Southside submarket. The Property sits inside a federally designated Opportunity Zone, offering potential capital gains tax incentives to qualifying investors, and is positioned along a corridor experiencing active city-backed redevelopment.

Area Overview

2300 Evans Avenue is located in the Hyde Park Addition, within Fort Worth's Near Southside area, along the Evans & Rosedale corridor — a district that has been the focus of long-running city redevelopment planning.

Royal Capital's redevelopment activity is a positive signal for the corridor, though prospective purchasers should independently verify the current status of any public or private redevelopment plans.

The submarket has shown clear signs of repricing: the county's assessed value for this Property jumped from $35,000 to $182,158 between 2025 and 2026, and nearby asking prices are well above historical levels for the area.

Highlights

1. "E" Neighborhood Commercial zoning permits retail, restaurant, bank, and other neighborhood-commercial uses by right — no rezoning required.
2. Opportunity Zone location — potential capital gains tax deferral/exclusion benefits for qualifying reinvestment.
3. Positioned in the Evans & Rosedale corridor, site of an active, city-backed redevelopment initiative led by Royal Capital (a $63M project scope).
4. 2026 assessed value rose to $182,158, up from $35,000 the prior year — signaling active repricing across the submarket.
5. 0.185-acre infill lot offers flexibility for redevelopment, renovation, or continued use.
6. Value is driven primarily by land and location, with meaningful upside from renovation given the building's current "D" condition rating.