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    Commercial Land with Road Frontage Title is generated by Realmo AI

    11701 S Fm 730 Highway, Azle, TX 76020

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    Claim this Listing
    For Sale
    $995,000

    COMMERCIAL - Azle, TX

    Lot size:
    3.75 Acres
    Added:
    Apr 17, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 4 at 2:06 am

    Property Features for 11701 S Fm 730 Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot, RV, Garage, Gated, Driveway
    Standard status
    Active
    APN
    R000080826
    Lot size
    3.75 Acres

    Taxes and HOA fees

    Tax Description
    ACRES: 2.000 ABST: 1884 SURVEY: ROWDEN E "TEX
    Tax Annual Amount
    1754

    Utilities

    Sewer type
    Aerobic Septic
    Cooling system
    Ceiling Fan(s), Window Unit(s)
    Water source
    Well

    Building Details

    Year built
    2014
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Paintedstained
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Stephen W. Todd

    Listing agent Stephen W. Todd License #0263617

    Listing office Texas Family Realty Fort Worth, TX

    Listing date Apr 17, 2026

    MLS# 21229088

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3.75‑acre property with 450 ft of road frontage on S FM 730
    • Nice office building on well and aerobic septic; access to city water and septic
    • 2014 construction with metal roof and metal siding
    • Parking includes parking lot, garage, gated area, and RV parking
    • Cooling includes window unit(s) and ceiling fan(s)
    • 2‑sided billboard on‑site for advertising or leasing

    Overview

    This offering includes approximately 3.75 acres of commercial land with 450 feet of road frontage on S FM 730, providing strong visibility for an ongoing business or a future development. The property also features a nice office building supported by well and septic, along with access to city water and septic services, offering immediate utility for office-related uses or temporary operations during planning.

    Located in Parker County near New Azle Hill Top Elementary School and Stewart Street, the site benefits from prominent advertising potential through a two-sided billboard for business promotion or potential lease income. The combination of generous frontage and a highly visible roadside presence can support retail, service, or other consumer-facing concepts.

    With multiple development paths mentioned for the site, this property may appeal to buyers seeking flexibility, including an RV park, multi-family development, or retail venture. The existing office improvements, paired with utilities already on site, can help reduce early build-out uncertainty and support a phased approach for the right operator.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Azle
    County
    Parker
    State
    Texas
    Longitude
    -97.576918
    Latitude
    32.883477

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    FAQs

    What type of property is this?
    Office building - High-visibility site with extensive frontage, ideal for a range of commercial and development concepts.
    Where is this office building located?
    The property is located at 11701 S Fm 730 Highway Azle, TX.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 3.75‑acre property with 450 ft of road frontage on S FM 730; Nice office building on well and aerobic septic; access to city water and septic; 2014 construction with metal roof and metal siding
    (817) 626-4663
    We can help!
    Listing Contact
    Stephen W. Todd
    Real Estate License ID: 0263617
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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