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Property profile & analytics
OFF-MARKET
Warehouses

1601 Hurst Blvd Hurst, TX 76053

612 SF 0.37 ac lot Built 1964
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2481477
Property summary
AI-generated overview

This exceptional commercial property in Hurst, Texas, presents a rare investment opportunity. Located at 1601 W Hurst Boulevard, the site boasts an impressive 1.4 acres of land, strategically positioned for maximum visibility from both Hurst Boulevard and Highway 121. The property comprises four contiguous parcels, offering nearly 650 feet of frontage along Highway 121 and approximately 110 square feet of frontage on Hurst Boulevard. This high-traffic corner lot is ideally suited for a variety of commercial ventures, including fast-food restaurants, gas stations, or coffee shops. The property's low competition and high visibility make it an attractive prospect for a business seeking significant growth potential. The seller is offering the property in two options: Lot #1 (a portion of the total acreage) is available for $550,000, or all four parcels can be purchased for $750,000. The total building area is 1,836 square feet. An additional 0.43-acre lot adjacent to the property is also available for purchase, presenting the possibility of acquiring a combined parcel exceeding one acre. This presents a unique chance to secure a substantial commercial presence in a thriving location. The property's size and location offer significant potential for a high-producing business.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1964
Total area 612 SF
Lot 0.37 ac (16,191 SF)
APN A 138-5B08
UPID US82-2481477
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
W T Spears · 3 yrs held
W T Spears
since 2023
5 recorded transactions
2023
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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