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    Property profile & analytics

    5113 Commercial Dr North Richland Hills, TX 76180

    • Warehouses
    • 11,220 SF
    • 0.62 lot acres
    For Sale
    View listing
    $1,795,200
    Value Estimation
    Location Intelligence
    Property ID
    US82-1190292
    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.

    Current Use by Public Records

    • Warehouses

    Property Details for 5113 Commercial Dr

    Year built
    1984
    Lot size
    0.62 lot acres
    Property size
    11,220 SF
    Property type
    Warehouses
    APN
    34230-14-GR
    APU
    3423014GR

    Description

    This single-tenant industrial flex building, located at 5113 Commercial Drive in North Richland Hills, Texas, offers 11,968 square feet of versatile space. Built in 1984, the 1-story building features 14-foot clear height tilt-wall construction, providing ample room for various uses. The property includes two dock-high doors and grade-level access, ensuring efficient loading and unloading. Situated on a 0.63-acre lot, this property boasts a convenient location, less than two miles north of Loop 820, offering excellent access to major transportation routes. Its proximity to DFW Airport (13 miles) and central location within the DFW metroplex provide easy commutes to both Fort Worth and Dallas. The asking price is $1,795,200, translating to $150 per square foot. The fully air-conditioned space is ideal for a variety of businesses seeking a functional and strategically located facility in the thriving Tarrant County market. The property's zip code is 76180.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $540,000
      7%
      $555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $565,000
      Retail
      $630,000
      Mixed-Use
      $475,000
      Hospitality
      $520,000
      Educational
      $570,000
      Residential Income
      $505,000
      Energy
      $530,000
      Income-Based Land
      $625,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    North Richland Hills
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2153
    Latitude
    32.8407
    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
    $11,076
    $80,460
    $575,609
    $656,069
    -
    $80,460
    $575,609
    $656,069

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      3805 Parchman St Ste A

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      6809 Harmonson Rd

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    • Value Estimation
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      6816 Harmonson Rd

      WAREHOUSE, STORAGE • 3,510 SF
      6816 Harmonson Rd, North Richland Hills, TX 76180-8828
      View Details
    • Value Estimation
      $420,000
      4,372 SF

      4023 Flory St

      WAREHOUSE, STORAGE • 4,372 SF
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      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.87 Acres

      NRH Industrial Land: Prime Location

      Texas Industrial Land - Development Ready
      3605 Flory St, North Richland Hills, TX 76180
      View Details
    • $1,795,200
      11,968 SF

      Prime North Richland Hills Flex Space

      11,968 SF Flex Building, $150/SF
      5113 Commercial Dr, North Richland Hills, TX 76180
      View Details
    • Contact for pricing
      124,380 SF

      North Richland Hills Industrial Property

      Industrial property with access to Loop 820 and I-35.
      6550 Wuliger Way, North Richland Hills, TX 76180
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      Rufe Snow Dr Pad Site Investment

      Prime Retail Land, High Traffic Area
      5636 Rufe Snow Dr, North Richland Hills, TX 76180
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    • $539,900
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      Updated Office Building in Texas

      Updated 2,424 sq. ft. office building in North Richland Hills.
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      Residential Lot in North Richland Hills

      Ready-to-build lot near schools, parks, and transportation.
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    Similar Nearby for Lease

    • $1,795,200
      11,968 SF

      North Richland Hills Warehouse Space

      11,968 SF warehouse with air conditioning and dock doors.
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      View Details
    • Contact for pricing
      129,000 SF

      North Richland Hills Warehouse Space

      129,000 square foot warehouse space in North Richland Hills, TX.
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      15,046 SF

      Industrial Space in North Richland

      Industrial property available for rent in North Richland Hills, TX.
      6420-6428 Wuliger Way, North Richland Hills, TX 76180
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    • $12 SF/Yr
      18,000 SF

      North Richland Hills Flex Space

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    • Contact for pricing
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      Davis Blvd Retail Space Available

      North Richland Hills, TX: 860 sq ft retail space.
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      Industrial Space in North Richland

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    North Richland Hills, TX 76180
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    Realmo Value Estimation

    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.

    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.

    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
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