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Property profile & analytics
OFF-MARKET
Commercial real estate

3925 Kennedale New Hope Rd Kennedale, TX 76060-7237

2,400 SF 29.4 ac lot Built 1960
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US82-3211608
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 2,400 SF
Lot 29.4 ac (1,280,838 SF)
APN A1448-1A
UPID US82-3211608
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
City Of Kennedale · 8 yrs held
City Of Kennedale
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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