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    3725 Flory St North Richland Hills, TX 76180-8833
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    Property profile & analytics

    3725 Flory St North Richland Hills, TX 76180-8833


    • Warehouses
    • 24,824 SF
    • 1.38 lot acres
    Off-Market
    Last Sale Jan 22, 2025
    Property ID
    US83-4260459
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $610,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 3725 Flory St

    Year built
    1976
    Lot size
    1.38 lot acres
    Property size
    24,824 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    12920-2-10R
    APU
    12920210R

    Description

    This exceptional self-storage facility in North Richland Hills, Texas, presents a compelling investment opportunity. The 21,910 rentable square foot property, situated on 1.34 acres, boasts 148 units, including climate-controlled, non-climate-controlled, indoor, and large commercial warehouse units, plus uncovered parking. Built in 1976, the seven-building complex features garage-style roll-up doors, perimeter fencing, key-pad gated entry, and concrete driveways. Currently operating at 85% occupancy, the property benefits from a highly desirable location at the intersection of Rufe Snow Drive and Boulevard 26, experiencing high daily traffic volume (9,000 and 16,100 vehicles respectively). The surrounding area showcases a strong demographic profile, with average household incomes exceeding $90,000 within a one-mile radius and a population of 88,082 within three miles. Significant value-add potential exists through the implementation of a remote management strategy, aiming to optimize the current 86% income-to-expense ratio towards a more typical 40-50% range, thereby substantially increasing net operating income. The property is offered at $1,450,000 ($66.18/sq ft), representing a below-replacement-cost acquisition in a rapidly developing area, enhanced by nearby amenities like NRH20 Family Water Park, the upcoming Peppa Pig Theme Park, and the recently opened Trinity Railway Express station. Further growth is anticipated with the development of the NRH Town Center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $580,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $641,000
      Market price range: $582k - $1.71M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    North Richland Hills
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2372
    Latitude
    32.8185
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,549
    $90,168
    $740,597
    $830,765
    -
    $90,168
    $740,597
    $830,765
    More about this property
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