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    7550 Shady Grove Rd North Richland Hills, TX 76182

    Sponsored
    For Sale
    $3,200,000

    12,640 SF Office, Daycare Potential

    Property size:
    12,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,640-square-foot single-story office building, situated on a 2.009-acre lot in North Richland Hills, Texas, presents a unique investment opportunity. Built in 2001, the property is zoned for daycare use and boasts a wealth of features ideal for a variety of commercial applications. Previously operated as a daycare until April 2024, the building comes complete with existing furniture, buses, and other equipment, representing a significant advantage for a prospective daycare operator or a similar business. The property also includes well-equipped playgrounds and a swimming pool, adding further value and appeal. The asking price is $3,200,000, translating to $253 per square foot. The property's location in a residential neighborhood offers the potential for conversion into residential use, subject to city approval. This versatile property is well-suited for executive offices, medical offices, or a daycare/Montessori school, making it an attractive option for investors seeking a high-return asset. The seller is open to lease options as well. The property's APN is 07934726 and is located at 7550 Shady Grove Rd, North Richland Hills, TX 76182. This presents a rare opportunity to acquire a well-maintained, multi-use property in a desirable location at a competitive price.

    Property Features for 7550 Shady Grove Rd

    General Information

    Property type
    Medical offices
    Square Feet
    12,640 SF
    Lot Size
    87,512 SF

    Building Details

    Year Built
    2001
    Stories
    1
    Units
    1

    HighLights

    • 12,640 SF single‑story office building on a 2.009‑acre lot in North Richland Hills, TX.
    • Built in 2001, zoned for daycare use.
    • Includes existing furniture, buses, playgrounds, and a pool.
    • Asking price: $3,200,000 ($253/SF).
    • Potential for residential conversion (city approval required).
    • Suitable for various uses including executive/medical offices or daycare.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    North Richland Hills
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2122923
    Latitude
    32.9069523

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    FAQs

    What type of property is this?
    Medical office - 12,640 SF Office, Daycare Potential
    Where is this medical office located?
    The property is located at 7550 Shady Grove Rd North Richland Hills, TX.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 12,640 SF single-story office building on a 2.009-acre lot in North Richland Hills, TX.; Built in 2001, zoned for daycare use.; Includes existing furniture, buses, playgrounds, and a pool.
    Request Owner's contact information
    7550 Shady Grove Rd North Richland Hills, TX 76182
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7550 Shady Grove Rd North Richland Hills, TX 76182
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