




$325,000
NAL Estimated Property Value416 E Kennedale Parkway, TX, 76060
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About this property
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.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Kennedale
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