4620 Colleyville BlvdColleyville, TX 76034

Property Details for 4620 Colleyville Blvd

Year built

2003

Lot size

0.73 AC

Property size (Sq ft)

6,720 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

22235-2-2A

APU

2223522A

Description

This exceptional retail property, located at 4620 Colleyville Blvd in Colleyville, Texas, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The single-story building totals 6,720 square feet and is classified as Class B. The property is zoned for retail use and is currently configured for multiple tenants. Individual spaces range from a minimum of 1,085 square feet to a maximum contiguous space of 1,254 square feet, providing flexibility for various business needs. The building enjoys excellent street exposure on Colleyville Boulevard (Highway 26), a major thoroughfare. This strategic location places the property in close proximity to a vibrant mix of established businesses, including Whole Foods, Petco, Orange Theory Fitness, Goody Liquor, Ace Hardware, Einstein Bros Bagels, Snuffers Restaurant, Zoe's Kitchen, Chipotle, Verizon, and Sonic Drive-In. Furthermore, its proximity to Bransford Elementary School and a Gymnastics Academy ensures consistent daily traffic. This property presents a rare opportunity to establish a presence in a thriving Colleyville commercial corridor within Tarrant County. The property is situated in a high-demand area with strong demographics and excellent accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $2,449,270

  6.5%

  $2,260,865

  7%

  $2,099,374

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,074,067

  Geo Method

  $4,444,602

• Alternative Use

  Use

  Valuation

  Residential

  $1,907,124

  Hospitality

  $1,746,915

  Educational

  $1,453,413

  Medical

  $1,503,398

  Retail

  $2,260,865

Location Insight

City

Colleyville

County

Tarrant

State

Texas

Latitude

32.8782

Longitude

-97.1596

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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