Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    145 Clayton Rd Azle, TX 76020

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,200 /Mo ($14 SF/Yr)

    Newly remodeled home with acreage, suitable for residential or commercial use.

    Property size:
    1,800 SF
    Lot size:
    0.90 Acres

    Property Features for 145 Clayton Rd

    General Information

    Size
    1,800 SF
    Lot size
    0.90 Acres

    Building Details

    Year built
    1995

    We can help!

    Listing Contact
    Gilda Brawley
    Source: Kw

    Listing Agent: Gilda Brawley

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

    Learn more

    Property Insight Report

    Overview

    Remodeled Home with Acreage

    This remodeled home features new cabinets, appliances, ceiling fans, light fixtures, flooring, and paint, both inside and out. A new AC unit and shower have also been installed. The property includes four bedrooms, an office, and two living areas. A new carport has been added. Situated on almost an acre, the property backs up to FM 730, which allows for commercial or industrial use. The property can be subdivided, and the back portion can be sold separately or with the home. The property size is 1800 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R & E Services Repair Service

    Suggested Use

    Auto Repair Shop HVAC Service Discount Store Electrical Service Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Azle
    County
    Parker
    State
    Texas
    Longitude
    -97.61612
    Latitude
    32.84785

    Nearby Similar for Lease

    • $2,500 /Mo

      Azle Flex Space For Lease

      Flex space with frontage on FM 730 between Azle and Boyd.
      14135 Fm 730, Azle, TX 76020
      View Details
    • $2,500 /Mo
      3,000 SF

      Azle Flex Space For Lease

      Flex space for lease on FM 730 between Azle and Boyd.
      14135 Fm 730, Azle, TX 76020
      View Details
    • $24 SF/Yr
      43,560 SF

      Retail Space in High-Traffic Area

      Retail units available for lease in Azle, Texas.
      13006 S Fm 730, Azle, TX 76020
      View Details
    • Contact for pricing
      8,830 SF

      Hornet's Plaza: Azle Retail Space

      Prime Azle retail, drive-thru available
      1000 Boyd Rd, Azle, TX 76020
      View Details
    • $2,500 /Mo

      Flex Space on FM 730

      Flex space for lease with frontage on FM 730.
      14135 D, Azle, TX 76020
      View Details
    • $10 SF/Yr
      250 SF

      Retail and Office Center

      Retail and office spaces available in Azle's main corridor.
      328 W Main St, Azle, TX 76020
      View Details
    • $10 SF/Yr
      1,750 SF

      Retail and Office Center Space

      Retail and office center in Azle's main retail corridor.
      316 W Main St, Azle, TX 76020
      View Details
    • Contact for pricing
      1,268 SF

      Neighborhood Center Retail Space

      Retail space available in Tarrant County neighborhood center.
      100-252 Park Pl, Azle, TX 76020
      View Details

    FAQs

    What type of property is this?
    Single family property - Newly remodeled home with acreage, suitable for residential or commercial use.
    Where is this single family property located?
    The property is located at 145 Clayton Rd Azle, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Completely remodeled 'like new' condition with EXTENSIVE UPDATES.; - Large lot size (almost an acre) with subdivision potential.; - FM 730 frontage offers commercial/industrial possibilities.
    (817) 444-5330
    Request Owner's contact information
    145 Clayton Rd Azle, TX 76020
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    145 Clayton Rd
    Azle, TX 76020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    145 Clayton Rd Azle, TX 76020
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gilda Brawley
    Real Estate License ID: 0397153
    (817) 444-5330
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.