It has been 51 years that Aztec Rental Services has called 34th street home, but Vice President Wesley Jackson said it was time for a move. “With the property values skyrocketing it was a different place,” said Jackson of the street, which he remembers as having a lot of mom and pop shops before the residential area became so affluent. “It was time to do something different.”
Jackson said that Aztec’s growth was also an impetus for the move to 7721 Pinemont, where the company has purchased an old Baker Hughes building near Hollister and Hempstead. They hope to be in the new digs by late April. The company website says that Aztec is one of the largest independent equipment rental companies in South Texas, offering many hard to find items.
“[Pinemont] is a bigger location and we needed more room,” said Jackson. “We’ll have to do some but not much renovation. It fit our needs without having to build it out.”
The Aztec land on 34th is sure to be of interest to developers who are looking to stake a claim to the area.
“This area is undergoing a tremendous transformation, not only in new home construction, but also with re-development of older shopping centers in the area,” said W. Loch Cook with WLC Interests LLC, the company who is representing Aztec. “This property is a great opportunity for someone to re-develop for a new use.”
The land is owned by the Eldon Sorsby Family Trust. Eldon Sorsby, who founded A to Z Rentals, which today is known as Aztec Rental Service, died in 2010. HCAD’s 2016 appraisal for 1819 W. 34th Street was $730,400 with $546,180 of that total attributed to the land. Several Heights properties, such as the Heights Theatre and the Heights Waterworks, were sold for much more than their appraised value in the past few years. With the more upscale developments happening in Oak Forest and Garden Oaks – including the nearby Revive project at 34th and Ella – the likelihood is for the same dynamic to occur with Aztec’s sale.
Cook says that there are two tracts of land available. Tract A is 2.0635 Acres and Tract B is 3.4655 Acres. He declined to give an offering price but did say he welcomes all serious inquiries.
“The tracts are available together or separate,” he said. Cook notes that he’s had the property listed for about two months, although Aztec just put up their moving sign. “There have been a variety of inquiries,” said Cook.