2000 Northwest Pkwy Azle, TX 76020
This exceptional commercial property at 2000 Northwest Parkway, Azle, TX, presents a unique investment opportunity. Spanning 1.52 acres, this 11,766 square foot property is ideally situated on the heavily trafficked TX-199 Jacksboro Highway, ensuring high visibility and accessibility. Currently configured for automotive use (collision repair and mechanics), the property's adaptability makes it suitable for a wide range of businesses. The property includes a substantial 7,697 square foot metal warehouse building, featuring two 12ft x 12ft front loading doors, four 10ft x 10ft back loading doors, and one 8ft x 8ft back loading door. Two hydraulic 2-post automotive lifts are included. In addition, there's a 4,069 square foot metal and masonry office building which also includes a residential unit. The combined space offers approximately 2,489 square feet of office space and 9,277 square feet of warehouse space, boasting a 12-18 foot ceiling clear height. Ample parking is available on-site. The property's location offers convenient proximity to numerous Azle stores and is just an 11-minute drive from Springtown. Zoned C-3 Heavy Commercial District, this property offers significant potential for a variety of commercial uses, including warehousing, workshops, offices, storage, and distribution. Priced at $990,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.