501 Red Bud Dr Azle, TX 76020
- Warehouses
- 10,380 SF
- 2.30 lot acres
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
-
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
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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