4917 Colleyville Blvd Colleyville, TX 76034-3938
Property profile & analytics
4917 Colleyville Blvd Colleyville, TX 76034-3938
- Drive through restaurants
- 2,160 SF
- 0.46 lot acres
Property ID
US82-3938365
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- HTeaO - Colleyville / (Bike/Boat/Book/etc) Store / Specialty Food Shop
Property Details for 4917 Colleyville Blvd
- Year built
- 2023
- Lot size
- 0.46 lot acres
- Property size
- 2,160 SF
- Property type
- Drive through restaurants
- APN
- 20606-1-1
- APU
- 2060611
Description
This exceptional investment opportunity presents a fee-simple interest in a brand-new, 1,776 square foot HTeaO fast-food restaurant located at 4917 Colleyville Blvd, Colleyville, TX 76034, within the Dallas-Fort Worth MSA. The property, built in 2023, sits on a 0.47-acre lot and includes 13 parking spaces. The single-tenant, absolute NNN lease with Double Tea II, LLC, boasts a remaining term of 15 years, with three 5-year renewal options. Rent increases by 10% every five years, ensuring consistent income growth. The property features a dual drive-thru, enhancing customer convenience and sales potential. This strategically located site benefits from high visibility on Colleyville Blvd, a major thoroughfare with 32,900 average daily vehicles, and proximity to a strong retail corridor including Walmart, Whole Foods, Sprouts, and Lowe's. The 5-mile trade area boasts over 263,000 residents and 121,000 daytime employees, with an average household income of $138,245. The asking price is $2,054,000, representing a 6.25% cap rate and a $128,400 net operating income (NOI). The property is zoned for general commercial use and has an APN of 20606-1-1. This is a management-free investment opportunity in a strong, growing market.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Colleyville
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1549
- Latitude
- 32.8812
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,123
$303,705
$590,425
$894,130
-
$303,705
$590,425
$894,130
