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Property profile & analytics
FOR LEASE
Industrial properties
6625 Iron Horse Blvd North Richland Hills, TX 76180
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1135790
For Lease
1 / 2
Contact for pricing
6625 Iron Horse Blvd, North Richland Hills, TX 76180
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1978
Total area
129,052 SF
Lot
8.17 ac (355,885 SF)
APN
21115-2-1
UPID
US82-1135790
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.25M
Owner & transaction history
Osi 4901 Parker Henderson Rd LLC · 1 yrs held
Osi 4901 Parker Henderson Rd LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Richland Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Richland Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,640,000
Current use
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$17 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$162,754
Tax year 2023
Assessed value
$7,419,309
Assessed 2024
Previous assessed
$7,419,309
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$782,947
Assessed improvement
$6,636,362
Land market value
$782,947
Improvement market value
$6,636,362
Total market value
$7,419,309
Applied tax rate
224.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
For Lease
Year built
1978
Heating
NONE
Stories
1
Total area
129,052 SF
Lot
8.17 ac (355,885 SF)
APN
21115-2-1
UPID
US82-1135790
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Lot
8.17 ac
Current owner
From public records · entity-resolved
Osi 4901 Parker Henderson Rd LLC
Entity
Mailing address
9450 BRYN MAWR AVE STE #750, ROSEMONT, IL 60018-5253
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Pr Corporate Operations LLC
—
Deed
related
$2,424,520 · B1bank
Jun 18, 2025
—
Ub II Fitz LLC
—
Deed
related
—
Jan 13, 2025
—
Osi 4901 Parker Henderson Rd LLC
Kws Property Management Company LLC
Special Warranty Deed
—
Sep 6, 2016
—
Ub II Fitz LLC
—
Deed
related
$307,640,000 · Goldman Sachs Mortgage Co
Nov 15, 2012
—
Ub II Fitz LLC
Nl Ventures Vii Iron Horse LLC
Special Warranty Deed
$118,410 · The Royal Bank Of Scotland Plc
Apr 17, 2009
—
Nl Ventures Vii Iron Horse LLC
Fitz Mfg Industries Ltd
Grant Deed
—
Jul 2, 2003
—
Avent INC
Tecnol INC
Grant Deed
related
—
—
—
Ag Of Irg North Richland Hills Ll
—
Deed Of Trust
related
$4,975,628 · Town North Bank NA
—
—
Ag Of Irg North Richland Hills Ll
—
Deed Of Trust
related
$4,837,313 · Town North Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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