416 E Kennedale Pkwy Kennedale, TX 76060
For Sale
1 / 21
This exceptional 3,612-square-foot industrial building, situated on a 0.44-acre lot at 416 E. Kennedale Parkway in Kennedale, Texas, presents a compelling investment opportunity. Priced at $1,050,000, the property boasts a prime location just half a mile from the Kennedale Town Center, providing excellent visibility and accessibility. Its strategic positioning near major highways I-20 and I-820 ensures high traffic volume, exceeding 10,000 vehicles daily. Currently configured and grandfathered for auto body shop use, with existing leases securing income until mid-2026, the property offers immediate return on investment. However, its versatile design allows for adaptive reuse in various commercial applications, including retail, restaurant, or office spaces. Substantial renovations completed in 2016 encompass upgraded electrical systems, remodeled bathrooms, and improved office areas, ensuring the property meets modern standards. The building features seven bays and ample parking, further enhancing its functionality. The property benefits from a robust local market, characterized by a 7.75% annual population growth and a median household income of $117,293. Proximity to established businesses such as Advance Auto Parts and Texaco adds to its appeal. This combination of strong lease income, prime location, and significant growth potential makes this property an attractive investment for discerning buyers.
-
ARIRANG WINDOW TINTING Auto Repair Shop
-
Prestige Collision Center LLC Auto Repair Shop
-
Euroasian Auto Auto Repair Shop
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.