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Property profile & analytics

7001 Blvd 26 North Richland Hills, TX 76180-8811

  • Office buildings
  • 102,944 SF
  • 5.84 lot acres
OFF-MARKET
Last Sale
Nov 30, 2022
Value Estimations
$2,480,000
Cap Rate Potential
Location Intelligence
Property ID
US83-4248911
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 7001 Blvd 26

Year built
1962
Lot size
5.84 lot acres
Property size
102,944 SF
Property type
Office buildings
APN
26420----1----1R1-20
APU
2642011R120

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
North Richland Hills
County
Tarrant
State
Texas
Longitude
-97.2315
Latitude
32.8225
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$114,070
$1,424,035
$3,925,965
$5,350,000
-
$1,424,035
$3,925,965
$5,350,000
More about this property
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