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    Property profile & analytics
    OFF-MARKET Estimated value $540,000
    Office buildings

    5583 Davis Blvd, North Richland Hills, TX 76180-6495

    6,018 SF 0.74 ac lot Built 2001
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US83-3650821
    Property summary
    AI-generated overview

    The Davis Building, a single-story, Class B office building located at 5583 Davis Blvd, North Richland Hills, TX 76180, offers a prime opportunity for businesses seeking flexible office space. Built in 2005 and renovated in 2021, this 6,000 square foot building sits on a 0.739-acre lot (32,231 square feet) and is zoned C-1. Currently, 1,550 square feet of contiguous space is immediately available, with the potential to lease the entire building (6,000 square feet). The available space features three private offices, a bullpen area, a reception area, a break room, and a restroom. The building provides convenient access to Loop 820 and SH 121, ensuring easy commutes for employees and clients. With 25 total parking spaces available, ample parking is provided for tenants and visitors. The property is situated near the cross street of Emerald Hills, in the North Richland Hills submarket of Northeast Tarrant County. This location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a thriving area. The building's modern amenities and convenient location make it a highly desirable option for a variety of businesses.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Total area 6,018 SF
    Lot 0.74 ac (32,230 SF)
    APN 18810-30-2R2
    UPID US83-3650821
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $385k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $699k
    Blend (final) Blend
    $540k
    Owner & transaction history
    Ph Tien Investment LLC · 1 yrs held
    Ph Tien Investment LLC
    since 2025
    6 recorded transactions
    2025
    2017
    2009
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $730,000 +39.8%
    Medical building $610,000 +16.7%
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