Azle Commercial Property For Sale

1129 Boyd Road, Azle, TX 76020

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For Sale

$950,000

Commercial property with redevelopment potential in high-traffic Azle location.

Type:Commercial

Property size:

4,158 SF

Price / SF:

$228/SF

Listing Contact

Michael Wright

HighLights

Prime location on FM 730 with high visibility and traffic.
Strong redevelopment potential due to location and additional land.
Immediate income from three long‑term tenants.
Month‑to‑month leases offer flexibility.
Located next to Reata Apartments and across from Azle High School, providing a built‑in customer base.
Value‑add opportunity in a rapidly expanding market.

Learn more

For Sale

$950,000

Commercial property with redevelopment potential in high-traffic Azle location.

Type:Commercial

Property size:

4,158 SF

Price / SF:

$228/SF

Added:: Apr 22, 2026
Days on Market:: 50
Last Refresh:: Apr 22 at 5:43 pm

Property Features for 1129 Boyd Road

General Information

Standard status: Active
Size: 4,158 SF
Property subtype: Commercial

Building Details

Year Built: 1980

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Listing Contact

Michael Wright

Listing agent Michael Wright

Listing office CLARK REAL ESTATE GROUP

Listing date Apr 22, 2026

Source Signaturere

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of CLARK REAL ESTATE GROUP

HighLights

Prime location on FM 730 with high visibility and traffic.
Strong redevelopment potential due to location and additional land.
Immediate income from three long‑term tenants.
Month‑to‑month leases offer flexibility.
Located next to Reata Apartments and across from Azle High School, providing a built‑in customer base.
Value‑add opportunity in a rapidly expanding market.

Overview

Located at the north entrance of Azle along FM 730, this commercial property offers visibility and redevelopment potential. Positioned next to Reata Apartments and across from Azle High School, the site benefits from daily traffic and a customer base from nearby neighborhoods, students, and apartment residents. The property includes two retail buildings with three long-term tenants, providing income while a future owner plans redevelopment or repositioning. Leases are month-to-month, offering flexibility for a buyer to adjust rents, renew tenants, or pursue a new development strategy. The value lies in the land and its location along one of Azle's primary commercial corridors. With additional unused land and surrounding residential density, the property presents a value-add opportunity for investors looking to increase income or redevelop the site. The property size is 4158 square feet. This property combines existing income, redevelopment potential, and a location near schools and growing residential areas.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$100.3k	$24.12
− Vacancy	−$4.7k	−$1.13
EGI	$95.6k	$22.99
− OpEx	−$28.7k	−$6.90
NOI	$66.9k	$16.09

4,158 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

Alternative Uses

Best Use

Retail

$955.8K

$836.3K – $1.12M (±1% cap)

NOI $66,904 @ 7.0% cap · market cap 7.04%

Second Best

—

no second resolved use

Theoretical Best

Industrial

$4.13M

$3.62M – $4.82M (±1% cap)

NOI $289,215 @ 7.0% cap · market cap 30.44%

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

Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Similar Places Nearby

Queen Bee's Garden & Florist — 200 E Main St, Azle, TX 76020

Location Insight

Map
Local Demand

City: Azle
County: Parker
State: Texas
Longitude: -97.5439339
Latitude: 32.9140895

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For sale
Storefront properties
TX
Azle
76020
1129 Boyd Road

What type of property is this?

Storefront property - Commercial property with redevelopment potential in high-traffic Azle location.

Where is this storefront property located?

The property is located at 1129 Boyd Road Azle, TX.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Prime location on FM 730 with high visibility and traffic.; Strong redevelopment potential due to location and additional land.; Immediate income from three long‑term tenants.