904 Southeast Pkwy Azle, TX 76020
This exceptional Azle, Texas property presents a unique investment opportunity, combining residential comfort with substantial commercial potential. Situated on a 0.21-acre lot off Highway 199, this property offers convenient access to major roadways. The package includes a 3-bedroom, 2-bathroom home, perfect for owner occupancy or rental income. The home features a wood-burning fireplace and an inground pool, enhancing its livability. A covered patio provides additional outdoor space. A substantial 20x40 brick storage building offers versatile storage or expansion possibilities. The main commercial asset is a 40x60 shop, equipped with two overhead doors for easy truck and trailer access. The shop boasts compressed air lines, an overhead hoist, and a car lift, making it ideal for various businesses. A 20x40 mezzanine provides ample upper-level storage. The shop is equipped with electricity and water, and has provisions for a future bathroom. The property's location is highly advantageous, with proximity to schools, shopping centers, a hospital, and restaurants. This combined residential and commercial property offers numerous possibilities, from running a business while living on-site to generating rental income from the home. The property is associated with MLS #20474980 (residential portion). This is a rare opportunity to acquire a turnkey business and residential property in a desirable location. The 3,650 square foot total space offers significant flexibility and potential for growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.