Property profile

4925 Davis Blvd North Richland Hills, TX 76180

FOR LEASE
Office buildings
Property ID
US82-4245945
13,980 SF 0.76 ac lot Built 1973
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story, 13,183 square foot office building, situated on 0.76 acres in Tarrant County, offers a variety of flexible spaces perfect for traditional, executive, medical, or creative businesses. Built in 1973 and extensively renovated in 2018, the Class C property boasts a contemporary finish and is conveniently located with easy highway access via Highways 183, 121, and 820. Currently, there are multiple tenancies available, ranging from 100 to 1,707 square feet. The building features a grand foyer with 20-foot glass ceilings and an open lobby, creating a welcoming atmosphere for clients and employees. Additional amenities include a luxurious conference room ideal for collaborative meetings and a state-of-the-art kitchen. Ample parking is provided with 45 spaces. Limited space remains, so act quickly to secure your ideal office space and benefit from this prime location designed to elevate your business. The building's modern design and convenient location make it an excellent choice for businesses seeking a professional and functional workspace in North Texas.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Total area 13,980 SF
Lot 0.76 ac (32,997 SF)
APN 20660-1-1
UPID US82-4245945

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Crisis Center Medical Clinic
  • Nail Salon

Location

4925 Davis Blvd North Richland Hills, TX 76180
North Richland Hills metro Census 113217 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$822k
Blend (final) Blend
$555k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2020
Price N/A
2020
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
2012
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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