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$1,050,000

Est. payment - /mo

0.44 Acres Lot

Active

416 E Kennedale Parkway Kennedale, TX 76060

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Boaz Ca Sub Of J B Renfro

MLS Listing ID 21023422

Total Fin. Sqft 3612

Year Built 1981

Annual Tax Amount $8,470

Lot Size 0.445 Acres

Acres 0.445

Property Sub-Type Industrial

Property Description

The property at 416 E. Kennedale Parkway presents a lucrative investment opportunity, particularly for those seeking a versatile commercial space. Priced at $1,050,000, this 3,612-square-foot building, set on a 0.445-acre lot, is uniquely positioned for continued success as an auto body shop or for adaptive reuse in retail, restaurant, or office applications. Grandfathered for auto body use and secured with lease agreements until mid-2026, the property ensures immediate and stable income potential. Significant renovations in 2016, including upgraded electrical systems, remodeled bathrooms, and office improvements, have modernized the space to meet contemporary needs. Its prime location, 0.5 miles from Kennedale Town Center and near major highways I-20 and I-820, guarantees high visibility with a daily traffic count of over 10,000 vehicles. Additionally, the area's 7.75% annual population growth and median income of $117,293 indicate strong market fundamentals. With seven bays, ample parking, and proximity to established businesses like Advance Auto Parts and Texaco, this property combines functionality, location, and growth potential to appeal to investors and business owners alike.

Location

State TX

County Tarrant

Zoning Auto Care-Repair Garage Zoned OT-4 (Old Town 4) Old Town Mixed Use District Grandfathered Body Shop Future Zoning includes: Retail, Restaurants, Service, Offices

Direction From 820 South to Abilene, Take the Kennedale and Mansfield Highway exit, Turn Left onto Mansfield Highway, Drive for 2.1 miles and the destination will be on your right side. GPS works.

Interior

Heating None

Cooling None

Flooring Concrete

Heat Source None

Exterior

Utilities Available City Sewer, City Water, Electricity Connected, Individual Water Meter, Overhead Utilities

Roof Type Metal,Other

Garage No

Building

Foundation Slab

Structure Type Fiberglass Siding,Metal Siding

Others

Ownership See Tax

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21023422

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Starria Mclaughlin • OnDemand Realty