Auto Shop with
912 Northwest Parkway, Azle, TX 76020
For Sale
New
$350,000
CommercialSale, Azle, TX
Property Size2,300 SF
Lot Size0.66 Acres
Price / SF$152.17
Days on Market2
Property Features for 912 Northwest Parkway
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Tenant in Place
Real Estate Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Leah Dunn Real Estate Group
(817) 752-4803
Listed By:
Leah Dunn
(817) 480-6885
Added: Nov 14
Changed: Nov 15
Last Checked: Nov 15 at 7:06AM
MLS# 21436454
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.
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Investment Insights
Based on property information with market context.
This 2,300-square-foot metal building sits on 0.66 acres and has a two-story layout. The ground level includes a workshop with concrete flooring and an overhead roll-up door; a separate office occupies the upper floor. The property is currently occupied by an automotive hydraulics business.
The site has frontage on State Highway 199 in Azle. Built in 1985, the property also includes paved or surfaced parking and a driveway. Public water service and public sewer are available.
The site has frontage on State Highway 199 in Azle. Built in 1985, the property also includes paved or surfaced parking and a driveway. Public water service and public sewer are available.
Key Highlights
- 2,300‑square‑foot metal building on 0.66 acres
- Ground‑floor workshop with concrete floors and an overhead roll‑up door
- Separate office space on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,864
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,280
$337.3K
Cap Rate 7%
$240,914
$240.9K
Cap Rate 9%
$187,378
$187.4K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$27.6K $12.00/SF
− Vacancy
−$1.7K −$0.72/SF
EGI
$25.9K $11.28/SF
− OpEx
−$9.1K −$3.95/SF
NOI
$16.9K $7.33/SF
Area
Parker County, TX
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,280
Cap Rate 7%
$240,914
Cap Rate 9%
$187,378
Alternative Uses
Best Use
Retail
$528.7K
$462.6K – $616.8K
NOI $37,008 @ 7.0% cap · market cap 10.57%
Second Best
Flex RnD
$240.9K
$210.8K – $281.1K
NOI $16,864 @ 7.0% cap · market cap 4.82%
Theoretical Best
Multifamily LT 5
$577.7K
$505.5K – $674.0K
NOI $40,442 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 76020, TX
33,469
Population
13,355
Households
2.5
Avg Household Size
42
Median Age
20%
College-Educated
89%
High-School Grad
64.9 sq mi
ZIP Area
516
Density / Sq Mi
$91,000
Median Household Income
$48,559
Median Earnings
$1,246
Median Rent
$272,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Bobby's Automotive — azle, tx 76020
- Azle Paint & body — 233 W Main St, Azle, TX 76020
- Cross Tire & Automotive — 637 NW Pkwy St, Azle, TX 76020
- Azle Discount Automotive — 637 NW Pkwy St, Azle, TX 76020
- ANDERS COLLISION CENTER — 704 nw pkwy st, azle, tx 76020
Frequently Asked Questions
What type of property is this?
Auto shop - A two-level layout pairs a ground-floor work area with dedicated administrative space above.
Where is this auto shop located?
The property is located at 912 Northwest Parkway Azle, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,300‑square‑foot metal building on 0.66 acres; Ground‑floor workshop with concrete floors and an overhead roll‑up door; Separate office space on the second floor
