Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Retail space

    5615 Rufe Snow Dr, North Richland Hills, TX 76180

    8,558 SF 0.91 ac lot Built 1993
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-2901658
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a single-tenant, 8,588 square foot Class B office building situated on a 0.91-acre lot in North Richland Hills, Texas. The property, located at 5615 Rufe Snow Dr, 76180, boasts a desirable I-2 zoning and benefits from high traffic visibility along a bustling retail corridor. Built in 1993 and renovated in 2020, this fully occupied asset offers a secure income stream with a strong tenant base. The property features a triple net (NNN) lease structure, minimizing landlord responsibilities. With an asking price of $1,800,000, the property offers a compelling 6.67% cap rate and a price per square foot of $209.59. The building is a single-story structure and is less than a mile from Highway 820, providing excellent access and visibility. This is an ideal investment for those seeking a reliable and lucrative addition to their portfolio. A detailed 10-year investment analysis is available upon request. The Tarrant County property (APN: 06660770) is categorized as both Creative and Traditional Office space.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1993
    Total area 8,558 SF
    Lot 0.91 ac (39,788 SF)
    APN 21115-4-4
    UPID US82-2901658
    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
    $375k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $809k
    Blend (final) Blend
    $590k
    Owner & transaction history
    5615 Rufe Snow LLC · 3 yrs held
    5615 Rufe Snow LLC
    since 2023
    7 recorded transactions
    2023
    2023
    2023
    2021
    2016
    2014
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $870,000 +56.0%
    Office building $745,000 +33.7%
    Auto repair, garage $630,000 +12.8%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message