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North Richland Hills Commercial Property

5615 Rufe Snow Dr, North Richland Hills, TX 76180

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Fully occupied commercial property in a high-traffic North Richland Hills location.

Type:Office

Property size:

8,588 SF

Price / SF:

$203/SF

HighLights

Fully occupied commercial property, providing a secure income stream.
Located in the heart of North Richland Hills, offering excellent visibility.
Situated along a bustling retail corridor with consistent traffic.
Robust tenant base, ensuring stability and minimizing vacancy risk.
Strong local economy, supporting sustained business growth.
Ideal for investors seeking a reliable and lucrative portfolio addition.

We can help!

Contact an agent

Barry Nations

For Sale

Contact for pricing

Fully occupied commercial property in a high-traffic North Richland Hills location.

Type:Office

Property size:

8,588 SF

Price / SF:

$203/SF

Added:: Apr 21, 2025
Days on Market:: 444
Last Refresh:: Jul 2 at 6:24 am

Property Features for 5615 Rufe Snow Dr

General Information

Standard status: Active
Size: 8,588 SF
Property subtype: Office

Building Details

Year Built: 1993

We can help!

Contact an agent

Barry Nations

Listing office DFW Portfolio Commercial

Listing date Apr 21, 2025

Source Crexi

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 DFW Portfolio Commercial

HighLights

Fully occupied commercial property, providing a secure income stream.
Located in the heart of North Richland Hills, offering excellent visibility.
Situated along a bustling retail corridor with consistent traffic.
Robust tenant base, ensuring stability and minimizing vacancy risk.
Strong local economy, supporting sustained business growth.
Ideal for investors seeking a reliable and lucrative portfolio addition.

Overview

This commercial property is located in North Richland Hills, offering visibility along a retail corridor. The property is fully occupied with a tenant base, providing an income stream. The location benefits from the local economy and consistent traffic. The property is suitable for investors seeking a reliable addition to their portfolio. The property size is 8,588 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$263.8k	$30.72
− Vacancy	−$66.0k	−$7.68
EGI	$197.9k	$23.04
− OpEx	−$49.5k	−$5.76
NOI	$148.4k	$17.28

8,588 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.12M

$1.86M – $2.47M (±1% cap)

NOI $148,401 @ 7.0% cap · market cap 8.48%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.02M

$2.64M – $3.52M (±1% cap)

NOI $211,471 @ 7.0% cap · market cap 12.08%

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

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: North Richland Hills
County: Tarrant
State: Texas
Longitude: -97.239198
Latitude: 32.8482609

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For sale
Office buildings
TX
North Richland Hills
76180
5615 Rufe Snow Dr

What type of property is this?

Office building - Fully occupied commercial property in a high-traffic North Richland Hills location.

Where is this office building located?

The property is located at 5615 Rufe Snow Dr North Richland Hills, TX.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Fully occupied commercial property, providing a secure income stream.; Located in the heart of North Richland Hills, offering excellent visibility.; Situated along a bustling retail corridor with consistent traffic.