4005 Rufe Snow Drive, North Richland Hills, TX 76180
Leased commercial property with redevelopment potential near DFW Airport.
- Added:
- Apr 22, 2026
- Days on Market:
- 51
- Last Refresh:
- Apr 22 at 5:22 pm
Property Features for 4005 Rufe Snow Drive
General Information
- Standard status
- Active
- Size
- 1,120 SF
- Lot size
- 0.41 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing agent Priscilla Shields
Listing office Your Home Sold Guaranteed Realty
Listing date Apr 22, 2026
Source Signaturere
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HighLights
- High‑traffic location on Rufe Snow Drive near DFW Airport with exceptional visibility (up to 45,000 vehicles per day).
- 100% leased property providing immediate cash flow with leases extending through late 2026, plus supplemental income from pylon sign rentals.
- Generous 0.41‑acre lot with a large, flat, fenced, and gated rear portion offering value‑add potential.
- Strategic location with easy access to Hwy 26, Loop 820, and Hwy 377.
- Redevelopment potential allowing for construction of a building up to three times the size of the existing structure.
- Owner retains the right to terminate leases with proper written notice, offering flexibility.
Overview
Local Financial Insights For Retail
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 | $28.0k | $24.96 |
| − Vacancy | −$1.4k | −$1.25 |
| EGI | $26.6k | $23.71 |
| − OpEx | −$8.0k | −$7.11 |
| NOI | $18.6k | $16.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Richland Hills
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2387236
- Latitude
- 32.8222573