Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9001-9049 Mid Cities Blvd North Richland Hills, TX 76182
    Back to Search
    Property profile & analytics

    9001-9049 Mid Cities Blvd North Richland Hills, TX 76182

    View on Map
    • Retail properties & Spaces
    • 15,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 9001-9049 Mid Cities Blvd

    Property size
    15,000 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional retail property, Berry Creek Village - Phase II, presents a prime investment opportunity in the thriving North Richland Hills, Texas market. Located at 9001-9049 Mid Cities Blvd., zip code 76182, this single-building complex offers a total of 15,000 square feet of street retail space situated on a generous 1.9-acre lot in Tarrant County. The property is ideally suited for multiple tenants, with spaces available ranging from a minimum of 1,500 square feet to a maximum contiguous space of 15,000 square feet, providing flexibility for various business needs. This presents a unique chance to secure a space in a well-established location with high visibility and accessibility. The property's strategic location within North Richland Hills ensures convenient access to a substantial customer base and significant foot traffic. The address is easily identifiable and provides excellent street presence. This is an exceptional opportunity for businesses seeking a prominent location in a dynamic and growing community. The property's size and layout offer significant potential for a variety of retail concepts. Don't miss this chance to establish your business in this highly desirable location. Contact us today to learn more about leasing options and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Richland Hills
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2114
    Latitude
    32.8824

    Comparable in this City

    • Value Estimation by Request
      15,000 SF

      9001-9049 Mid Cities Blvd

      Individual retail properties • 15,000 SF
      9001-9049 Mid Cities Blvd, North Richland Hills, TX 76182
      View Details
    • Value Estimation by Request
      12,900 SF

      9200 Tarrant Pkwy

      Individual retail properties • 12,900 SF
      9200 Tarrant Pkwy, North Richland Hills, TX 76182
      View Details
    • Value Estimation by Request
      3,901 SF

      6609 Precinct Line Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,901 SF
      6609 Precinct Line Rd, North Richland Hills, TX 76182-4315
      View Details
    • Value Estimation by Request
      8,092 SF

      8553 Davis Blvd

      RETAIL STORES (PERSONAL SERVICES) • 8,092 SF
      8553 Davis Blvd, North Richland Hills, TX 76182-8311
      View Details
    • Value Estimation by Request
      3,263 SF

      6601 Precinct Line Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,263 SF
      6601 Precinct Line Rd, North Richland Hills, TX 76182-4315
      View Details
    • Value Estimation by Request
      4,470 SF

      7700 Davis Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,470 SF
      7700 Davis Blvd, North Richland Hills, TX 76182-7347
      View Details

    Similar Nearby for Sale

    • $950,000
      5,034 SF

      Versatile Commercial Property in Richland Hills

      Two-building commercial property in a high-visibility location, ideal for investors.
      6716 Smithfield Rd, North Richland Hills, TX 76182
      View Details
    • $850,000
      4,392 SF

      North Richland Hills Commercial Building

      Commercial building suitable for retail, office, medical, or restaurant.
      6808 Chapman Dr, North Richland Hills, TX 76182
      View Details
    • Contact for pricing
      840 SF

      Commercial Land with Building

      Commercial land with an 840 SF building for sale.
      7651 Davis Blvd, North Richland Hills, TX 76182
      View Details
    • Contact for pricing
      5,034 SF

      Versatile Commercial Property in North Richland

      Two-building commercial property in a high-visibility location, suitable for various businesses.
      6716 Smithfield Rd, North Richland Hills, TX 76182
      View Details
    • $950,000

      Versatile Commercial Property in North Richland

      Two buildings totaling 5034 SF in high-visibility North Richland
      6716 Smithfield Rd, North Richland Hills, TX 76182
      View Details
    • Contact for pricing
      2,800 SF

      Smoothie Factory Cafe For Sale

      New 2,800 SF Smoothie Factory in North Richland Hills, TX.
      8517 Davis Blvd, North Richland Hills, TX 76182
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      New Retail/Medical Strip Center

      New retail/medical strip center with high visibility and access.
      8701 N Tarrant Pkwy, North Richland Hills, TX 76182
      View Details
    • Contact for pricing
      2,276 SF

      Retail Space in North Richland

      Retail space available in a Super Target anchored shopping center.
      8528 Davis Blvd, North Richland Hills, TX 76182
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space Near I-30

      Retail space with frontage to I-30 and Eastchase Pkwy.
      8668 Chimney Creek Dr, Fort Worth, TX 76182
      View Details
    • Contact for pricing
      3,282 SF

      Retail Space with Excellent Frontage

      Retail space featuring high visibility and multiple access points.
      8849 N Tarrant Pkwy, North Richland Hills, TX 76182
      View Details
    • Contact for pricing

      Freestanding Retail Building For Rent

      Class A retail building in a high-traffic location.
      9200 N Tarrant Pkwy, North Richland Hills, TX 76182
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space for rent at 8700 N. Tarrant Pkwy.
      8700 N Tarrant Pkwy, North Richland Hills, TX 76182
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9001-9049 Mid Cities Blvd
    North Richland Hills, TX 76182
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9001-9049 Mid Cities Blvd, North Richland Hills, TX, 76182
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!