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    501 Red Bud Dr Azle, TX 76020

    For Sale
    $1,100,000

    Improved Land - Azle, TX

    Lot size:
    2.30 Acres
    Days on Market:
    354
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 501 Red Bud Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R000020964
    Lot size
    2.30 Acres

    Building Details

    Architectural style
    Other

    The Platinum Group Real Estate (817) 629-9457 [email protected]

    Listing agent Phillip Sanders (817) 629-9457 License #0744970

    Listing date Dec 23, 2024

    MLS# 20802028 Listing URL

    Copyright © 2025 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.

    Overview

    Azle, TX Hard Corner Land

    This 2.30-acre property is a hard corner located at the intersection of Highway 199, Red Bud Drive, and Commerce Street, offering high daily traffic counts and excellent visibility from Highway 199. The property benefits from easy access to Highway 730, connecting Weatherford to Azle. As the last hard corner available in this area, it presents an excellent opportunity for commercial or industrial development, suitable for businesses such as fast-food franchises, gas and convenience stores, banks, or shopping centers. The site features multiple access points from the Highway 199 access road and Red Bud Drive. City water and city sewer services are available on the property. An existing 10,000 square foot building is present on the property, which could be utilized, but the primary value lies in the land's future development potential. Buyers and their agents are advised to verify all information to their satisfaction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quality Marine & Fiberglass Boat Repair Shop Pierce Consignment Sales Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Azle
    County
    Parker
    State
    Texas
    Longitude
    -97.551645
    Latitude
    32.902966

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    FAQs

    What type of property is this?
    Commercial land - 2.3 acre hard corner with high traffic and visibility.
    Where is this commercial land located?
    The property is located at 501 Red Bud Dr Azle, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime 2.30-acre hard corner location with high visibility and frontage on Hwy 199, Red Bud Drive, and Commerce Street.; - High daily traffic count and easy access from Hwy 730, connecting Weatherford to Azle.; - Last available hard corner in the area, presenting a unique development opportunity.
    (817) 629-9457
    Request Owner's contact information
    501 Red Bud Dr Azle, TX 76020
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    Azle, TX 76020
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    501 Red Bud Dr Azle, TX 76020
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