420 Pkwy St Azle, TX 76020
- Retail properties
- 0.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 420 Pkwy St
- Year built
- 2007
- Lot size
- 0.90 lot acres
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
This 2007-built, single-tenant auto shop in Azle, Texas offers an exceptional owner-user opportunity. Boasting a prime location on NW Pkwy St, directly off Jacksboro Hwy with approximately 29,000 vehicles passing daily, this 0.9-acre property provides excellent visibility and high traffic exposure. The high-quality construction features top-of-the-line IBA systems. The business is e-commerce resistant, a significant advantage in today's market. The asking price is $2,150,000, representing a 12% cap rate. This property presents a unique investment opportunity with potential tax advantages under IRS Code Sections 179 & 168(k), potentially allowing for significant business expense deductions. The property's Tax Assessor Parcel Number (APN) is 17178-4R. This is a turnkey operation, including the building, land, and established business. Don't miss this chance to acquire a thriving, established car wash business with significant growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Azle
- County
- Tarrant
- State
- Texas
- Longitude
- -97.5431
- Latitude
- 32.8986
