3925 Kennedale New Hope Rd Kennedale, TX 76060-7237
This exceptional 29-acre property presents a unique investment opportunity in Kennedale, Texas. Previously home to Cowtown Speedway, this expansive tract offers significant potential for diverse commercial development or personal use. Currently zoned commercial, the land enjoys convenient access to major highways and the greater Metroplex, ensuring excellent visibility and connectivity. The property includes a substantial existing workshop, measuring approximately 40 feet by 60 feet, providing immediate utility for various purposes. This versatile space could serve as storage, a maintenance facility, or be adapted to suit a range of commercial needs. The expansive acreage allows for considerable flexibility in development plans, accommodating a wide array of projects. Given its strategic location and existing infrastructure, this property represents a rare chance to acquire a significant commercial parcel with immediate usability and substantial long-term growth potential. The combination of size, zoning, and location makes this an attractive proposition for developers, investors, and businesses seeking a prominent presence in the thriving Kennedale market. Its proximity to major transportation routes ensures easy access for employees, customers, and goods. The existing workshop adds immediate value, reducing initial development costs and offering a functional space from day one. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $1,176,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.