Commercial Real Estate Market in North Richland Hills, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
140 active listings and 897 off-market properties in North Richland Hills, TX. Commercial property asks $75/SF to buy and $19.50/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 August 2026.
Office
Office vacancy in North Richland Hills, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in North Richland Hills, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily space in North Richland Hills, TX asks $211/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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.
141,726
Population
55,841
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
43.2 sq mi
ZIP Area
3,280
Density / Sq Mi
$84,069
Median Household Income
$45,303
Median Earnings
$1,557
Median Rent
$270,453
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hurst | — | $13.25 |
| Richland Hills | — | — |
| Bedford | — | $31.98 |
| Pantego | — | — |
Commercial property in North Richland Hills, TX asks $75/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Richland Hills?
Commercial property in North Richland Hills, TX asks an average of $75 per square foot. Multifamily carries the highest asking price at $211/SF.
How much does it cost to lease commercial space in North Richland Hills?
Asking lease rates in North Richland Hills, TX average $19.50 per square foot per year.
Where does Realmo's North Richland Hills market data come from?
Realmo compiles North Richland Hills, TX figures from 83 active sale listings, 57 active lease listings, 897 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 83 active for-sale and 57 active for-lease listings in North Richland Hills, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
