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Property profile & analytics
FOR SALE
Commercial land

5050 Azle Ave Fort Worth, TX 76106

24.64 ac lot
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US82-7179438
Property summary
AI-generated overview

This exceptional opportunity presents a brand-new retail strip center located at 5050 Azle Ave in Tarrant County. The entire 28,700 square foot building is currently vacant and available for lease or sale, offering unparalleled flexibility for prospective tenants. Spaces are divisible to a minimum of 1,200 square feet, allowing for businesses of various sizes to find a suitable fit. For larger operations, the entire 28,700 square feet is available as one contiguous space. The property sits on a generous 2.9-acre lot, providing ample space for parking and potential future expansion. This prime location is strategically positioned within a rapidly growing area, surrounded by existing and planned multi-family residential developments, ensuring a strong and expanding customer base. The development is a proposed retail strip center, presenting a unique chance to be among the first businesses in this thriving community. Pad sites are also available for sale or lease, offering additional opportunities for development and investment. Contact us today to discuss pricing and lease terms for this exciting retail opportunity. Don't miss out on this chance to establish your business in a vibrant and rapidly developing area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 24.64 ac (1,073,318 SF)
APN A 81-1E
UPID US82-7179438
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
L & S Land Co Ltd · 21 yrs held
L & S Land Co Ltd
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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