925 Boyd Rd Azle, TX 76020
This exceptional 4.136-acre property presents a remarkable development opportunity in the thriving city of Azle, Texas. Located at 925 Boyd Road, this strategically positioned land offers significant potential for both commercial and residential projects. The property's zoning allows for a diverse range of uses, encompassing both commercial and residential development. While a majority of the land is currently zoned residential, the possibility of rezoning exists, opening doors to a wider array of development options. Currently unplatted, this expansive tract provides flexibility for customized development plans. Access is facilitated by a 60-foot right-of-way from Pecan Street, designated for future street development. A noteworthy aspect is the approximately one-third acre parcel situated behind a Burger King location, which is zoned for heavy commercial use. This presents a unique opportunity for businesses seeking high-visibility locations. The property boasts the convenience of readily available city water and sewer services, simplifying infrastructure development. The asking price for this prime development land is $229,000. This represents a compelling investment in a rapidly growing area of Tarrant County, Texas, with excellent access to major thoroughfares and a vibrant community. The property is situated in the 76020 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.