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Property profile & analytics

501 Red Bud Dr Azle, TX 76020

  • Warehouses
  • 10,380 SF
  • 2.30 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-4376269
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.

Current Use by Public Records

  • Quality Marine & Fiberglass / Boat Repair Shop
  • Pierce Consignment Sales / Store

Property Details for 501 Red Bud Dr

Lot size
2.30 lot acres
Property size
10,380 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
16281-001-000-00
APU
1628100100000

Description

This exceptional 2.3-acre commercial property, located at 501 Red Bud Drive in Azle, Texas, presents a unique investment opportunity. Situated at a major signalized intersection with frontage on Highway 199 access road, Red Bud Drive, and Commerce Street, this property boasts unparalleled visibility and accessibility. The 10,380 square foot lot is zoned for industrial use, offering a versatile canvas for a variety of commercial ventures. Potential uses include restaurants, fast food establishments, gas stations, grocery stores, manufacturing facilities, or distribution centers. This prime location in rapidly growing Parker County, Texas, ensures high traffic counts and significant growth potential. The property benefits from readily available city water and sewer services, as well as on-site electricity. The asking price is $1,200,000, and the lease type is gross with single tenancy. Don't miss this chance to secure a prominent location in a thriving Texas market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $360,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $647,000
    Market price range: $332k - $1.02M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $655,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Azle
County
Parker
State
Texas
Longitude
-97.5517
Latitude
32.903
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
2024
$3,107
$400,750
$239,220
$639,970
-
$400,750
$239,220
$639,970
More about this property
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