Property profile

1240 Hurst Blvd Hurst, TX 76053

OFF-MARKET
Automotive properties
Property ID
US82-3843369
1,774 SF 0.32 ac lot Built 1961
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,774-square-foot auto shop, situated on a 0.321-acre corner lot at 1240 W Hurst Blvd in Hurst, Texas (zip code 76053), presents a remarkable investment opportunity. Built in 1961, this single-story building boasts a highly desirable location on busy Hurst Boulevard, offering excellent visibility and accessibility. Its strategic proximity to Highway 820 ensures high traffic volume and convenient access for customers. The property features a well-designed layout, including a private office area, a front lobby with retail space, and a spacious warehouse area equipped with two functional bays, perfect for servicing vehicles or storing inventory. Additional features include a covered area and a fenced-in rear yard, providing ample secure space for outdoor activities or storage. The property's previous use as a motorcycle shop demonstrates its adaptability, making it suitable for a wide range of automotive-related businesses or other compatible uses. The asking price is $499,900. Two dock-high doors facilitate efficient loading and unloading. This property offers a blend of prime location, functional space, and significant potential for growth. Don't miss this chance to acquire a well-established commercial property in a thriving Texas market.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1961
Total area 1,774 SF
Lot 0.32 ac (13,996 SF)
APN 20860---------C2--20
UPID US82-3843369

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Motorcycle Shop

Location

1240 Hurst Blvd Hurst, TX 76053-7415
Hurst metro Census 113409 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1240 Hurst Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message