5050 Azle AveFort Worth, TX 76106

For Sale
  • Commercial land
  • 24.64 AC

Property Details for 5050 Azle Ave

Lot size
24.64 AC
Property type
Commercial land
APN
A 81-1E
APU
A811E

Description

This exceptional opportunity presents a brand-new retail strip center located at 5050 Azle Ave in Tarrant County. The entire 28,700 square foot building is currently vacant and available for lease or sale, offering unparalleled flexibility for prospective tenants. Spaces are divisible to a minimum of 1,200 square feet, allowing for businesses of various sizes to find a suitable fit. For larger operations, the entire 28,700 square feet is available as one contiguous space. The property sits on a generous 2.9-acre lot, providing ample space for parking and potential future expansion. This prime location is strategically positioned within a rapidly growing area, surrounded by existing and planned multi-family residential developments, ensuring a strong and expanding customer base. The development is a proposed retail strip center, presenting a unique chance to be among the first businesses in this thriving community. Pad sites are also available for sale or lease, offering additional opportunities for development and investment. Contact us today to discuss pricing and lease terms for this exciting retail opportunity. Don't miss out on this chance to establish your business in a vibrant and rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $338,455,712
    Hospitality
    $310,023,616
    Educational
    $257,936,016
    Medical
    $266,806,832
    Retail
    $401,233,792
5050 Azle Ave, Fort Worth, Texas

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.8104
Longitude
-97.396
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
$79,142
$3,219,954
-
$3,219,954
-
$3,219,954
-
$3,219,954

FAQs

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