1129 Boyd Road, Azle, TX 76020
sale
$995,000
|
Business
Courtesy Of CLARK REAL ESTATE GROUP, Listed By Michael Wright
Located at the north entrance of Azle along highly traveled FM 730, this commercial property offers excellent visibility and strong future redevelopment potential. Positioned next to Reata Apartments and directly across from Azle High School, the site benefits from consistent daily traffic and a built-in customer base from nearby neighborhoods, students, and apartment residents.
The property currently includes two retail buildings with three long-term tenants, providing immediate income while a future owner plans redevelopment or repositioning. Leases are month-to-month, offering flexibility for a buyer to adjust rents, renew tenants, or pursue a new development strategy.
While the existing improvements provide cash flow, the true value lies in the land and its strategic location along one of Azle s primary commercial corridors. With additional unused land and strong surrounding residential density, the property presents a compelling value-add opportunity for investors looking to increase income or redevelop the site.
Opportunities like this combining existing income, redevelopment potential, and a prime location near schools and growing residential areas are rare in the rapidly expanding Azle market.
The property currently includes two retail buildings with three long-term tenants, providing immediate income while a future owner plans redevelopment or repositioning. Leases are month-to-month, offering flexibility for a buyer to adjust rents, renew tenants, or pursue a new development strategy.
While the existing improvements provide cash flow, the true value lies in the land and its strategic location along one of Azle s primary commercial corridors. With additional unused land and strong surrounding residential density, the property presents a compelling value-add opportunity for investors looking to increase income or redevelop the site.
Opportunities like this combining existing income, redevelopment potential, and a prime location near schools and growing residential areas are rare in the rapidly expanding Azle market.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Metal Siding
- Exterior Type: Brick
- Heating System: Central
- Legal Description: WASSER ADDITION BLOCK 1 LOT 2 & 3
- MLSID: 20858901
- Roof Type: Asphalt
- Roof Type: Metal
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