6700 Denton Hwy Watauga, TX 76148
Property Lookup
Property profile & analytics
6700 Denton Hwy Watauga, TX 76148
- Strip malls
- 23,077 SF
- 2.45 lot acres
Property ID
US82-4867991
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
- Strip malls
Property Details for 6700 Denton Hwy
- Year built
- 1985
- Lot size
- 2.45 lot acres
- Property size
- 23,077 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 16300-23R
- APU
- 1630023R
Description
Greenfield Plaza, located at 6700 Denton Hwy in Watauga, Texas, 76148, presents a compelling retail investment opportunity. This single-story, 1980-built center sits on 2.45 acres and boasts a prime location at the highly visible, signalized intersection of Denton Highway and Chapman Road, experiencing over 106,000 vehicles per day. The property's strategic position between Loop 820 and North Tarrant Parkway, key area thoroughfares, further enhances its accessibility and visibility. Currently, three spaces are available, ranging from 1,650 to 5,990 square feet, offering flexibility for various retail or office uses. The center features a dedicated turn lane and ample parking. Previous tenants include a spa/salon, fitness center, and a staffing agency, leaving behind adaptable spaces with existing build-outs. The property is zoned LB and benefits from a strong neighborhood-focused tenant mix, including services, dining, and pet services, catering to a dense residential area. The property's CoStar rating is 3 stars, and the motivated ownership offers affordable rent and NNN expenses compared to the surrounding area. Two rear restrooms and individual suite access add to the convenience. High traffic counts (39,000+ VPD in 2020) underscore the property's potential. This is an exceptional opportunity to acquire a well-located retail center in a thriving Tarrant County market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $805,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $726,000
Market price range: $603k - $1.52M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,160,000 Current use
- WAREHOUSE, STORAGE
- $1,005,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Watauga
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2622
- Latitude
- 32.8682
- 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
$39,260
$641,022
$1,458,978
$2,100,000
-
$641,022
$1,458,978
$2,100,000
