This 7,700 sf 100% occupied commercial property at 5040-5064 Davis Blvd presents an exceptional investment opportunity. Featuring two long-term tenants in the medical and retail sectors, the property offers a turnkey income-producing asset. Built in 1973 and renovated in 2015, and in 2022 great visibility on Davis Blvd, a dedicated center turn lane, and prominent exterior signage. Located in a strategic location with convenient access to Loop 820, Highway 183, and Highway 121, the property provides excellent connectivity for tenants and customers. This property is an outstanding opportunity to own a high-performing asset in a growing submarket of Fort Worth. Opportunity to increase rents to Market Rate.
1.11 AC Land zoned for Light Industrial
Office building and land only. Building was formerly a house but is now zoned commercial. It cannot be converted back to residential. Concrete parking lot. Upgraded electric. Most of the lighting as been converted to LED. Large backyard. Furniture and equipment could be available for a suitable price. The businesses are not included in the sale. This is strictly a property sale. Agent is related to owner.
Wonderful opportunity to invest in a self serve car wash in North Richland Hills with 6 bays and 3 vacuum areas. Please note there is no working equipment. There are no sprayers nor vacuums. This property is located very near the corner of Rufe Snow and Buenos Aires Dr. Rufe Snow is a very busy street with heavy traffic perfect for a car wash. It is located across the street from an apartment complex that provides the residents with very convenient access creating a massive potential customer base. Priced to give a new owner the ability to finish this out with a modern touch and still see growth.
Childcare Building in North Richland Hills. The building is currently vacant. It has 5-6 Classrooms, 8 Restrooms, Kitchen, Office areas and large playground. The lot size is 0.8 acres. Total parking spots 25+. This would also be ideal for Doggie Daycare, ABA Therapy centers, other uses. The Owners have completed lots of repairs to the Building including Foundation work, Stucco repairs & repaint, Concrete, Plumbing, French drain, Roof repairs, Electrical and Sheetrock repairs.
High income generating property. 9% cap rate. The current market rent rate are much high, projected income generation capacity is upto 10-11% cap rate. Cash Cow and easy cash flow.
The median home value in North Richland Hills, TX is $349,100. This is higher than the county median home value of $310,500. The national median home value is $338,100. The average price of homes sold in North Richland Hills, TX is $349,100. Approximately 61.84% of North Richland Hills homes are owned, compared to 33.93% rented, while 4.23% are vacant. North Richland Hills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Richland Hills real estate agent to arrange a tour today!
North Richland Hills, Texas 76180 has a population of 69,817. North Richland Hills 76180 is less family-centric than the surrounding county with 30.18% of the households containing married families with children. The county average for households married with children is 34.97%.
The median household income in North Richland Hills, Texas 76180 is $80,932. The median household income for the surrounding county is $73,545 compared to the national median of $69,021. The median age of people living in North Richland Hills 76180 is 39.3 years.
The average high temperature in July is 94.8 degrees, with an average low temperature in January of 34.7 degrees. The average rainfall is approximately 38.1 inches per year, with 1.2 inches of snow per year.