Commercial Land
For Sale
Contact for pricing
Pending
276 Northwest Parkway, Azle, TX 76120
Development context includes municipal incentive programs and documented residential growth in the Azle ISD area.
Property SizeContact for details
Days on Market145
Property Features for 276 Northwest Parkway
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
JLL - Dallas | Fort Worth, Texas
Listed By:
Joel St. John · License #TX 663623
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Sep 1 at 4:43AM
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 JLL - Dallas | Fort Worth, Texas
Investment Insights
Based on property information with market context.
This commercial land site is positioned for future business development in Azle. The surrounding Azle ISD area has added 100 new homes per year over the last three years, providing a documented residential growth trend for the market.
A 2016 city hotel study identified adequate demand for a new 65-room hotel with meeting rooms, while current demographic research indicates a gap in food service and drinking places within 3 miles of the site. Several other retail segments are also identified as underserved. Municipal Development District, Hotel Occupancy Tax Fund, and Tax Increment Financing Reinvestment Zone programs are available as part of the city’s economic development framework. US Hwy 199 was recently widened across 5 miles in the area.
A 2016 city hotel study identified adequate demand for a new 65-room hotel with meeting rooms, while current demographic research indicates a gap in food service and drinking places within 3 miles of the site. Several other retail segments are also identified as underserved. Municipal Development District, Hotel Occupancy Tax Fund, and Tax Increment Financing Reinvestment Zone programs are available as part of the city’s economic development framework. US Hwy 199 was recently widened across 5 miles in the area.
Key Highlights
- Commercial land at 276 Northwest Parkway, Azle, TX 76120
- Azle ISD area added 100 new homes per year over the last three years
- 2016 hotel study identified demand for a new 65‑room hotel with meeting rooms
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Explore this area
Business Placement
Demographics for 76120, TX
19,240
Population
8,885
Households
2.2
Avg Household Size
34
Median Age
31%
College-Educated
91%
High-School Grad
7.5 sq mi
ZIP Area
2,565
Density / Sq Mi
$74,321
Median Household Income
$47,026
Median Earnings
$1,353
Median Rent
$279,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development context includes municipal incentive programs and documented residential growth in the Azle ISD area.
Where is this commercial land located?
The property is located at 276 Northwest Parkway Azle, TX.
What are key features of this property?
This property features: Commercial land at 276 Northwest Parkway, Azle, TX 76120; Azle ISD area added 100 new homes per year over the last three years; 2016 hotel study identified demand for a new 65‑room hotel with meeting rooms
