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    • For Lease
    • Recently Sold
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    • Brokers
    5412 Davis Blvd North Richland Hills, TX 76180-6826
    Property profile & analytics

    5412 Davis Blvd North Richland Hills, TX 76180-6826


    • Retail space
    • 8,262 SF
    • 1.23 lot acres
    Off-Market
    Last Sale Aug 3, 2021
    Property ID
    US82-0382517
    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
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 5412 Davis Blvd

    Year built
    2012
    Lot size
    1.23 lot acres
    Property size
    8,262 SF
    Property type
    Retail space
    APN
    12750-11-3R
    APU
    12750113R

    Description

    This exceptional investment opportunity presents a single-tenant, 8,262-square-foot retail building located at 5412 Davis Blvd in North Richland Hills, Texas, 76180. The property, built in 2013, is a Class B, free-standing structure situated on one story and currently 100% occupied by a Dollar General, a nationally recognized credit-rated tenant under a Net Net lease. The building offers excellent visibility and accessibility due to its prime location. The asking price is $1,758,500, translating to a price per square foot of $212.84. The property generates a net operating income (NOI) of $118,722. The property is zoned F1, providing versatility for a range of retail uses. This investment offers a strong, stable income stream with a credit-worthy tenant in a high-traffic area. The property's location benefits from high visibility and accessibility, making it an attractive destination for customers. This is a turnkey investment opportunity for those seeking a stable, high-performing retail asset. The property's strong tenant and location make it an ideal addition to any investment portfolio. The building's modern construction and single-tenant occupancy minimize management complexities. This is a rare opportunity to acquire a well-performing retail property in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $400,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $809,000
      Market price range: $270k - $810k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $535,000
      Current use
      RESTAURANT
      $1,005,000
      Change: +87% Conversion: Easy
      MEDICAL BUILDING
      $840,000
      Change: +56% Conversion: Difficult
      OFFICE BUILDING
      $720,000
      Change: +34% Conversion: Easy
      AUTO REPAIR, GARAGE
      $605,000
      Change: +13% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    North Richland Hills
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2135
    Latitude
    32.8473
    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
    $33,344
    $308,074
    $1,261,926
    $1,570,000
    -
    $308,074
    $1,261,926
    $1,570,000
    More about this property
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