700 Melbourne Rd Hurst, TX 76053
- Commercial land
- 3.53 lot acres
Current Use by Public Records
- Commercial land
Property Details for 700 Melbourne Rd
- Lot size
- 3.53 lot acres
- Property type
- Commercial land
- APN
- 45070---------C---20
- APU
- 45070C20
Description
This exceptional 7.42-acre commercial land parcel in Hurst, Texas, presents a significant investment opportunity. Located at 700 Melbourne Road, this property is ideally situated adjacent to the Airport Freeway, ensuring excellent accessibility and high visibility. Its prime location directly across from the North East Mall provides unparalleled exposure to a substantial customer base drawn to the mall's retail offerings. The property's zoning is GB & R1A, offering flexibility for various commercial developments. The land comprises two tracts, one measuring 3.53 acres and the other 3.89 acres, allowing for diverse development plans. Surrounded by a thriving mix of retail, dining, and entertainment venues, this property is poised to capitalize on the robust local economy. The asking price is $2,900,000, translating to approximately $390,836 per acre. This presents a rare chance to acquire a strategically located, sizable commercial land parcel in a high-demand area of Tarrant County, Texas, with a 76053 zip code. The property's proximity to major transportation arteries and established commercial centers makes it an attractive proposition for developers seeking high-impact projects. This is a truly exceptional opportunity to secure a prime piece of commercial real estate in a rapidly growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hurst
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1985
- Latitude
- 32.822
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
