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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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