5615 Rufe Snow Dr North Richland Hills, TX 76180
- Retail space
- 8,558 SF
- 0.91 lot acres
Current Use by Public Records
- Retail space
Property Details for 5615 Rufe Snow Dr
- Year built
- 1993
- Lot size
- 0.91 lot acres
- Property size
- 8,558 SF
- Property type
- Retail space
- APN
- 21115-4-4
- APU
- 2111544
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Richland Hills
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2392
- Latitude
- 32.8483
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA