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    Property profile & analytics
    OFF-MARKET Estimated value $2,480,000
    Office buildings

    7001 Blvd 26, North Richland Hills, TX 76180-8811

    102,944 SF 5.84 ac lot Built 1962
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US83-4248911
    Property summary
    AI-generated overview

    This exceptional six-story, 101,396 square foot office building presents a compelling value-add investment opportunity in the thriving North Richland Hills, Texas market. Located at 7001 Blvd 26, 76180, within Tarrant County, this traditional office building offers significant potential for enhancement and increased profitability. The asking price is $4,950,000, translating to a price per square foot of $48.82. The property's substantial size and prime location in North Richland Hills provide a strong foundation for a variety of investment strategies. The building's traditional office layout offers flexibility for various tenant configurations, catering to a wide range of businesses. This presents a unique chance to capitalize on the growing demand for office space in this dynamic area of Texas. The property's existing structure provides a solid base for renovations or repositioning, allowing for the creation of modern, high-demand office spaces. With its strategic location and considerable square footage, this building represents a significant opportunity for investors seeking a value-add project with substantial upside potential in a robust Texas market. The property's address is easily accessible, offering convenient access to major transportation routes and amenities. This makes it an attractive option for both tenants and investors alike. The building's six stories provide ample space for a variety of uses and configurations, maximizing rental income potential. This is a rare opportunity to acquire a substantial office building in a desirable location with significant potential for future growth and return on investment.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1962
    Total area 102,944 SF
    Lot 5.84 ac (254,303 SF)
    APN 26420----1----1R1-20
    UPID US83-4248911
    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
    $2.48M
    Owner & transaction history
    Beeks Land Company LLC · 3 yrs held
    Beeks Land Company LLC
    since 2022
    7 recorded transactions
    2022
    2020
    2019
    2005
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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