6716 Smithfield Road North Richland Hills, TX 76182
Two-building commercial property in a high-visibility location, suitable for various businesses.
Property Features for 6716 Smithfield Road
General Information
- Standard status
- Active
- Size
- 5,034 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing office The Property Shop (817) 888-8849
Listing date Apr 22, 2026
Source Signaturere
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility location in a bustling area of North Richland Hills.
- Versatile commercial property suitable for retail, office, salon, or professional services.
- Total of 5034 square feet across two separate buildings.
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 | $125.6k | $24.96 |
| − Vacancy | −$6.3k | −$1.25 |
| EGI | $119.4k | $23.71 |
| − OpEx | −$35.8k | −$7.11 |
| NOI | $83.6k | $16.60 |
