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    5060 Davis Blvd North Richland Hills, TX 76180

    For Sale
    $1,595,000

    Retail - North Richland Hills, TX

    Type:Retail
    Lot size:
    0.49 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 5060 Davis Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    00548863
    Lot size
    0.49 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1973
    Flooring type
    Tile
    Building materials
    Concrete
    Architectural style
    Other

    Konopka and Company (817) 715-1932

    Listing agent Heather Konopka (817) 715-1932 License #0453672

    Listing date Sep 22, 2025

    MLS# 20794521 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Richland Hills Retail Investment

    Located in North Richland Hills, Texas, this commercial property at 5040-5064 Davis Blvd offers an investment opportunity. The property, built in 1973 and renovated in 2015 and 2022, is 100% occupied and features two long-term tenants in the medical and retail sectors. Situated on a 0.491-acre lot, the 7,700 square foot building provides visibility on Davis Blvd, a dedicated center turn lane, and exterior signage. The property offers access to Loop 820, Highway 183, and Highway 121. The property is located in a growing submarket of Fort Worth and presents an opportunity to increase rents to market rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Richland Hills
    County
    Tarrant
    State
    Texas
    Longitude
    -97.213816
    Latitude
    32.839346

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    FAQs

    What type of property is this?
    Retail property - Fully occupied retail property with long-term tenants and high visibility.
    Where is this retail property located?
    The property is located at 5060 Davis Blvd North Richland Hills, TX.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - 100% Occupied Commercial Property: Provides immediate income stream; - Long-Term Tenants: Stability with tenants in the medical and retail sectors; - Strategic Location: Convenient access to Loop 820, Highway 183, and Highway 121
    (817) 715-1932
    Request Owner's contact information
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    North Richland Hills, TX 76180
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5060 Davis Blvd North Richland Hills, TX 76180
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