Garden Office Building For
For Sale
$995,000
5592 Davis Blvd, North Richland Hills, TX 76180
3,621 SF office building with excellent visibility and access.
Property Size3,621 SF
Price / SF$274.79
Days on Market153
Property Features for 5592 Davis Blvd
General Information
Standard status
Active
Size
3,621 SF
Class
B
Property subtype
Office
Building Details
Building Size
3,621 SF
Year Built
2007
Listing Agency:
Silver Oak Commercial Realty
Listed By:
LeAnn Brown · License #Texas #409352
(817) 313-3107
Source:
Silveroakcre
Added: May 8
Changed: Oct 1
Last Checked: Oct 7 at 10:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silver Oak Commercial Realty
Investment Insights
Based on property information with market context.
This is a 3,621 square foot garden office building constructed in 2007. It is zoned C-1 Commercial and offers great visibility and access on Davis Boulevard. The property presents an excellent opportunity for an owner occupant or investor. Ideal uses include a law office, accounting office, financial services, or real estate office.
Key Highlights
- Great visibility and access on Davis Blvd.
- Zoned C‑1 Commercial, allowing for a variety of business types.
- 3,621 SF garden office building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,571
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,420
$1.3M
Cap Rate 7%
$893,871
$893.9K
Cap Rate 9%
$695,233
$695.2K
Market Conditions
NOI Build-Up for 3,621 SF
Gross rent
$111.2K $30.72/SF
− Vacancy
−$27.8K −$7.68/SF
EGI
$83.4K $23.04/SF
− OpEx
−$20.9K −$5.76/SF
NOI
$62.6K $17.28/SF
Area
Tarrant County, TX
Vacancy
25.00%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,420
Cap Rate 7%
$893,871
Cap Rate 9%
$695,233
Alternative Uses
Best Use
Office B
$893.9K
$782.1K – $1.04M
NOI $62,571 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,164 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Explore this area
Business Placement
Demographics for 76180, TX
37,087
Population
16,138
Households
2.3
Avg Household Size
37
Median Age
33%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
3,988
Density / Sq Mi
$78,688
Median Household Income
$42,984
Median Earnings
$1,553
Median Rent
$286,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - 3,621 SF office building with excellent visibility and access.
Where is this office building located?
The property is located at 5592 Davis Blvd North Richland Hills, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Great visibility and access on Davis Blvd.; Zoned C‑1 Commercial, allowing for a variety of business types.; 3,621 SF garden office building.
