6654 Azle AveLake Worth, TX 76135

  • Strip malls
  • 5,175 SF
For Lease
$19,800/SF/YR View listing

Property Details for 6654 Azle Ave

Year built
1964
Lot size
0.47 AC
Property size (Sq ft)
5,175 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
18090---14RA-13---20
APU
1809014RA1320

Description

This 650-square-foot retail space, located at 6654 Azle Avenue, Suite A, Lake Worth, TX 76135, presents a fantastic opportunity for businesses seeking high visibility and convenient access. Built in 1964, this single-story building offers a modern, open floor plan with high ceilings and large windows, creating a bright and inviting atmosphere. The property's prime location on Azle Avenue ensures excellent visibility to both pedestrian and vehicular traffic, with prominent signage opportunities. This space is part of a thriving commercial area, surrounded by established businesses such as Target, Specs, Big Lots, Panera Bread, Chipotle, and Starbucks, guaranteeing consistent customer traffic. The location boasts a walk score of 75, making it easily accessible for pedestrians. Its proximity to major highways, including I-820, ensures convenient access for customers from all directions. The property's Tax Assessor Parcel Number (APN) is 01242547, and it is located in Tarrant County. Please note that the landlord has restrictions on tenant types and will not approve vape, smoke, CBD, or barber/salon shops. This space is ideal for a variety of retail, office, or service-based businesses. The total building square footage is 1 square foot (this is likely a typographical error in the source data and should be clarified with the property owner).

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,441,417
    6.5%
    $1,330,539
    7%
    $1,235,500
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,506,598
    Geo Method
    $3,904,345
  • Alternative Use

    Use
    Valuation
    Residential
    $1,122,359
    Hospitality
    $1,028,075
    Educational
    $855,346
    Medical
    $884,763
    Retail
    $1,330,539

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.8161
Longitude
-97.434
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
$13,395
$122,520
$536,775
$659,295
-
$122,520
$536,775
$659,295

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