Flex Building with Two-Story
6557 Baker Boulevard Richland Hills, TX 76118
6557 Baker Boulevard, Richland Hills, TX, 76118
$965,000
Pending
For Sale
$965,000
Pending
SINGLE_FAMILY - Richland Hills, TX
Property Size5,973 SF
Lot Size0.28 Acres
Days on Market11
Property Features for 6557 Baker Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Pending
- APN
- 02351668
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Description
- RICHLAND HILLS ADDITION BLOCK H LOT 11A & 12
- Tax Annual Amount
- 9180
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1952
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Vinyl, Carpet, Concrete
- Building materials
- MetalSiding, SteelSiding, Stucco
- Roof type
- Metal
Listing agency
SVN Trinity Advisors
(817) 288-5524
Listed by
Eliud Sangabriel · License #0589027
(817) 288-5510
Added: Jul 12 Checked: Jul 22 at 8:06PM
MLS# 21285407
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.
6557 Baker Blvd is an approximately 5,973 SF flex building that combines two-story office space with a warehouse component. The property includes approximately 4,773 SF of two-story office space and approximately 1,200 SF of warehouse space with a 14-foot grade-level door, supporting both administrative and operational needs. The office area features a reception area, seven private offices, a conference room, two breakrooms, and restrooms on both levels.
Additional improvements include three HVAC systems installed in 2020 and approximately 20 on-site parking spaces. A fenced yard with warehouse access supports exterior operations connected to the warehouse portion of the building.
The building is presented for sale as an owner-user opportunity within an established commercial corridor in Richland Hills, TX.
Additional improvements include three HVAC systems installed in 2020 and approximately 20 on-site parking spaces. A fenced yard with warehouse access supports exterior operations connected to the warehouse portion of the building.
The building is presented for sale as an owner-user opportunity within an established commercial corridor in Richland Hills, TX.
Key Highlights
- Approx. 5,973 SF flex property with approx. 4,773 SF two‑story office and 1,200 SF warehouse
- Warehouse includes a 14‑foot grade‑level door and fenced yard with warehouse access
- Office buildout features reception, conference room, 7 private offices, and breakrooms with restrooms on both levels
Local Financial Insights For Flex RnD
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 | $114.7k | $19.20 |
| − Vacancy | −$13.8k | −$2.30 |
| EGI | $100.9k | $16.90 |
| − OpEx | −$35.3k | −$5.91 |
| NOI | $65.6k | $10.98 |
5,973 SF · lease $19.20/SF/yr · vacancy 12.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.72M
NOI $103,213 @ 7.0% cap · market cap 10.70%
Second Best
Flex RnD
$937.1K
$820.0K – $1.09M
NOI $65,598 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M
NOI $147,079 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Approx. 5,973 SF flex building with two-story office area and a warehouse bay featuring a 14-foot grade-level door.
Where is this flex space located?
The property is located at 6557 Baker Boulevard Richland Hills, TX.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Approx. 5,973 SF flex property with approx. 4,773 SF two‑story office and 1,200 SF warehouse; Warehouse includes a 14‑foot grade‑level door and fenced yard with warehouse access; Office buildout features reception, conference room, 7 private offices, and breakrooms with restrooms on both levels
