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    5113 Commercial Dr North Richland Hills, TX 76180

    Sponsored
    For Sale
    $1,795,200

    11,968 SF Flex Building, $150/SF

    Property size:
    11,968 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-tenant industrial flex building, located at 5113 Commercial Drive in North Richland Hills, Texas, offers 11,968 square feet of versatile space. Built in 1984, the 1-story building features 14-foot clear height tilt-wall construction, providing ample room for various uses. The property includes two dock-high doors and grade-level access, ensuring efficient loading and unloading. Situated on a 0.63-acre lot, this property boasts a convenient location, less than two miles north of Loop 820, offering excellent access to major transportation routes. Its proximity to DFW Airport (13 miles) and central location within the DFW metroplex provide easy commutes to both Fort Worth and Dallas. The asking price is $1,795,200, translating to $150 per square foot. The fully air-conditioned space is ideal for a variety of businesses seeking a functional and strategically located facility in the thriving Tarrant County market. The property's zip code is 76180.

    Property Features for 5113 Commercial Dr

    General Information

    Property type
    Flex space
    Square Feet
    11,968 SF
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 11,968 SF of air‑conditioned office/warehouse space with dock‑high loading.
    • Excellent DFW location at 5113 Commercial Dr., near the intersection of Commercial Drive and Davis Blvd, less than 2 miles north of Loop 820.
    • Prime location offering easy access to DFW Airport (13 miles) and central access to both Dallas and Fort Worth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

    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
    -97.21517140712
    Latitude
    32.840427640273

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    FAQs

    What type of property is this?
    Flex space - 11,968 SF Flex Building, $150/SF
    Where is this flex space located?
    The property is located at 5113 Commercial Dr North Richland Hills, TX.
    What is the asking price?
    The asking price for this property is $1,795,200.
    What are key features of this property?
    This property features: 11,968 SF of air-conditioned office/warehouse space with dock-high loading.; Excellent DFW location at 5113 Commercial Dr., near the intersection of Commercial Drive and Davis Blvd, less than 2 miles north of Loop 820.; Prime location offering easy access to DFW Airport (13 miles) and central access to both Dallas and Fort Worth.
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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
    5113 Commercial Dr North Richland Hills, TX 76180
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