559 Pkwy St Azle, TX 76020
This exceptional 1-acre commercial lot, situated at 559 NW Pkwy St in Azle, Texas (zip code 76020), presents a unique opportunity for immediate development. Classified as Land and Special Purpose with a single-tenant designation, this property boasts significant infrastructure already in place, saving considerable time and expense for future construction. The site features paved parking areas, well-maintained driveways, and a complete storm drainage system, ensuring efficient water management. Utilities are conveniently located and ready for connection. Specifically, water and sanitary sewer lines are accessible, and sleeves are already installed for easy connection to Oncor electric and Atmos gas services at the building pad. This ready-to-build pad eliminates the need for extensive site preparation, allowing for a swift and cost-effective project commencement. The property's location in Azle, TX offers excellent visibility and accessibility, making it an ideal location for a variety of commercial ventures. This is a turnkey opportunity for developers seeking a streamlined path to building their next project. The property's single-tenant designation offers flexibility in development plans. The total building square footage is currently listed as 1 square foot, reflecting the undeveloped nature of the land, which is ready for immediate construction.
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
Similar Nearby for Lease
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.