416 E Kennedale Pkwy, Kennedale, TX 76060

$1,050,000

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List Price
$1,050,000
MLS#
21290264
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1981
Construction Status
Preowned
Acres
0.45
County
Tarrant
City
Kennedale
Subdivision
Boaz Ca Sub Of J B Renfro

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.

Additional Information

Unexempt Taxes
$8,470
Lot Size
19,384
Acres
0.45
Flooring
Concrete
Foundation
Slab
Roof
Metal, Other
Building Stories
1
Parking Garage
Additional Parking, Open, Parking Lot
Possession
Negotiable, SubjectToTenantRights
Proposed Use
Automotive, Industrial, Office, Retail
Inclusions
Land & Improvements
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Starria McLaughlin from OnDemand Realty. Contact: 817-721-4589