North Richland Hills Retail
753 Mid Cities Boulevard, North Richland Hills, TX 76180
3,021 SF building in a high-traffic North Richland Hills location.
Type:Office
Property size:
3,021 SFPrice / SF:
$263/SF- Added:
- Jan 27, 2026
- Days on Market:
- 109
- Last Refresh:
- Apr 6 at 12:47 am
Property Features for 753 Mid Cities Boulevard
General Information
- Standard status
- Active
- Size
- 3,021 SF
- Property subtype
- Office
Building Details
- Year Built
- 2012
Listing agent James Blake, CCIM License #TX #340987 (817) 288-5508
Listing office SVN | Trinity Advisors (817) 288-5508
Listing date Jan 27, 2026
Source Svntrinity
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 SVN | Trinity Advisors
HighLights
- Prime location in the heart of North Richland Hills with strong visibility on Mid Cities Boulevard.
- Versatile 3,021 SF building suitable for office, retail, or medical use.
- Excellent accessibility to major thoroughfares in the rapidly growing Dallas‑Fort Worth Metroplex.
- Surrounded by a dense mix of retail, residential, and commercial activity, including major retailers.
- Located in the desirable HEB/Mid‑Cities submarket of Tarrant County.
- Built in 2012.
Overview
The property at 753 Mid Cities Blvd features a 3,021 SF building situated in North Richland Hills, Texas, within the HEB/Mid-Cities submarket of Tarrant County. The location benefits from high visibility and accessibility on Mid Cities Boulevard, amidst a dense mix of retail, residential, and commercial establishments. Located in a rapidly growing area within the Dallas–Fort Worth Metroplex, the property offers connectivity to major thoroughfares, a strong consumer base, and potential for sustained long-term growth. The building is positioned in the Mid-Cities area of Tarrant County, within a corridor of Precinct Line and Mid Cities Blvd, a hub for retail and business activity near major retailers such as Wal-Mart, Lowes, The Home Depot, Kroger, Tom Thumb, and Sprouts. The building has visibility on Mid Cities Blvd, one block from the stop light intersection of Precinct Line and Mid Cities Blvd in North Richland Hills, TX. It can be used for office, retail, or medical purposes and has easy access to major thoroughfares.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$580.0K
NOI $52,203 @ 9.00% cap · cautious / downside scenario
Moderate
$745.8K
NOI $52,203 @ 7.00% cap · market / base-case scenario
Aggressive
$1.04M
NOI $52,203 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.8k | $30.72 |
| − Vacancy | −$23.2k | −$7.68 |
| EGI | $69.6k | $23.04 |
| − OpEx | −$17.4k | −$5.76 |
| NOI | $52.2k | $17.28 |
3,021 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$745.8K
$652.5K – $870.1K
NOI $52,203 @ 7.0% cap · market cap 6.57%
Second Best
Healthcare Medical
$739.5K
$647.1K – $862.8K
NOI $51,768 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$1.06M
$929.9K – $1.24M
NOI $74,389 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- North Richland Hills
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2372
- Latitude
- 32.8604
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 3,021 SF building in a high-traffic North Richland Hills location.
Where is this retail space located?
The property is located at 753 Mid Cities Boulevard North Richland Hills, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Prime location in the heart of North Richland Hills with strong visibility on Mid Cities Boulevard.; Versatile 3,021 SF building suitable for office, retail, or medical use.; Excellent accessibility to major thoroughfares in the rapidly growing Dallas‑Fort Worth Metroplex.
