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Medical Office Building with Plumbed Suites

6340 Davis Boulevard North Richland Hills, TX 76180

Claim this Listing
For Sale
$899,000

SINGLE_FAMILY - North Richland Hills, TX

Type:Office
Property size:
3,390 SF
Lot size:
0.46 Acres
Price / SF:
$265/SF
Added:
Jun 30, 2026
Days on Market:
11
Last Refresh:
Jul 10 at 12:06 pm

Property Features for 6340 Davis Boulevard

General Information

Property type
Residential
Property subtype
Office
Parking features
Parking Lot
Standard status
Active
APN
41728319
Lot size
0.46 Acres

Taxes and HOA fees

Tax Description
SMITHFIELD CORNERS ADDITION BLOCK 1 LOT 2R1A
Tax Annual Amount
18464

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
2014
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Brick
Roof type
Composition

Listing agent Jennifer Lauren License #0647146

Listing office Compass RE Texas, LLC. Dallas, TX

Listing date Jun 30, 2026

MLS# 21074239

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This well-maintained, turn-key medical office building offers two separate suites with distinct entries. The space is plumbed in the walls to support dental or medical use, and both suites include ADA-compliant restrooms. Interiors are designed for patient and staff flow, featuring a spacious reception area, high ceilings, and plenty of natural light. Each suite provides multiple offices, a conference room, kitchen area with sink, room for a full-size refrigerator, and storage rooms.

Located at a main intersection on Davis Boulevard, the property is positioned for strong visibility with access to Loop 820, Highway 183, and Highway 121. The building also benefits from an abundance of front parking spaces, making it convenient for visits and day-to-day operations. Additional property features include a security system and monument signage.

The layout and built-in plumbing make this an especially practical fit for doctors, dentists, and other medical professionals looking to start, move, or expand. For investors or owner-operators, the current lease provides near-term stability, with Suite 100 leased through 2026–2029, while the second suite remains available for an additional medical use strategy.

Key Highlights

  • Two‑suite office building built in 2014 with 3,390 sq ft total (Suite 100: 1,750 sq ft; Suite 200: 1,640 sq ft)
  • Each suite is plumbed in the walls for medical/dental use, with reception, multiple offices, conference room, and kitchen area with sink
  • Two separate entrances plus monument signage and security system

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $104.1k $30.72
− Vacancy −$26.0k −$7.68
EGI $78.1k $23.04
− OpEx −$19.5k −$5.76
NOI $58.6k $17.28
3,390 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$836.8K
$732.2K – $976.3K (±1% cap)
NOI $58,579 @ 7.0% cap · market cap 6.52%
Second Best
Healthcare Medical
$829.9K
$726.1K – $968.2K (±1% cap)
NOI $58,091 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,475 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Real Estate Agency Dental Office Auto Parts Store Grocery & Convenience Store Restaurant Law Firm Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods Nail Salon

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

FAQs

What type of property is this?
Medical Office Space - Well-maintained two-suite medical office with ADA restrooms and suites plumbed for dental or medical use.
Where is this medical office space located?
The property is located at 6340 Davis Boulevard North Richland Hills, TX.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑suite office building built in 2014 with 3,390 sq ft total (Suite 100: 1,750 sq ft; Suite 200: 1,640 sq ft); Each suite is plumbed in the walls for medical/dental use, with reception, multiple offices, conference room, and kitchen area with sink; Two separate entrances plus monument signage and security system
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