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Property profile & analytics

8247 Rufe Snow Dr Watauga, TX 76148

  • Strip malls
  • 10,233 SF
  • 1.44 lot acres
For Lease
Last Sale
Jul 25, 2022
Value Estimations
$620,000
Cap Rate Potential
Location Intelligence
Property ID
US82-0277243
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

  • Rufe Snow Wings & Burgers / Chicken Wings Restaurant / Hamburger Restaurant
  • 5 Star Dental / Dentist
  • J Donut / Donut Shop
  • Mighty Chick / Restaurant
  • KARMA Smoke Shop & Vape Shop Watauga | Delta 8 | CBD | Kratom / Smoke Shop

Property Details for 8247 Rufe Snow Dr

Year built
2005
Lot size
1.44 lot acres
Property size
10,233 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
40647-1-2R
APU
4064712R

Description

This exceptional retail opportunity is located at 8247 Rufe Snow Drive and offers 1,342 square feet of immediately available space within a larger 9,694 square foot shopping center. The space is perfect for a new local retail business or restaurant, requiring only finishing touches to suit your specific needs. The property boasts abundant parking, ensuring convenient access for customers. Its high-visibility location benefits from a significant daily traffic count of 22,049 vehicles per day, providing excellent exposure to potential clientele. Easy access to the property is another key advantage, simplifying commutes for both employees and customers. The surrounding area is experiencing growth, presenting a promising market for new businesses. The minimum divisible space is 1,342 square feet, making it ideal for a single tenant seeking a well-located, ready-to-occupy retail space. The entire shopping center comprises 9,694 square feet, offering potential for future expansion or synergy with other businesses within the center. This is a truly exceptional opportunity to establish a thriving business in a high-traffic, growing area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $565,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $675,000
    Market price range: $267k - $675k
  • Alternative Use

    Use
    Estimation
    NEIGHBORHOOD: SHOPPING CENTER
    $515,000
    Current use
    OFFICE BUILDING
    $935,000
    Change: +82% Conversion: Moderate
    RETAIL STORES
    $905,000
    Change: +76% Conversion: Easy
    MEDICAL BUILDING
    $900,000
    Change: +75% Conversion: Difficult
    WAREHOUSE, STORAGE
    $445,000
    Change: -14% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Watauga
County
Tarrant
State
Texas
Longitude
-97.2391
Latitude
32.8915
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
$42,078
$625,330
$1,374,671
$2,000,001
-
$625,330
$1,374,671
$2,000,001
More about this property
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