Commercial Real Estate Market in North Richland Hills, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
84 active listings and 897 off-market properties in North Richland Hills, TX. Commercial property asks $275/SF to buy (based on 5 listings) and $20.00/SF/Yr to lease.
Market Trends
North Richland Hills, TX spans 43.2 square miles in Tarrant County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in North Richland Hills, TX has a median asking sale price of $288/SF (based on 3 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in North Richland Hills, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in North Richland Hills, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in North Richland Hills, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
North Richland Hills, TX has 141,726 residents in 55,841 households. Density runs 3,280 people per square mile. Median household income here is $84,069 and median gross rent $1,557 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Hurst | $136 | $13.75 |
| Bedford | $209 | $14.88 |
| Arlington | $180 | $17.50 |
| N Richland Hills | $275 | $20.00 |
Commercial property in North Richland Hills, TX asks $275/SF. The 4 bordering markets run from $136/SF in Hurst to $275/SF in N Richland Hills, and the city sits above their $194/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in North Richland Hills?
How much does it cost to lease commercial space in North Richland Hills?
How does North Richland Hills compare to nearby markets on price?
Where does Realmo's North Richland Hills market data come from?
Methodology & data sources
- Asking prices and medians
- There are 34 active for-sale and 50 active for-lease listings in North Richland Hills, TX. The medians are based on 5 of the for-sale and 10 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
