7151 Blvd 26 North Richland Hills, TX 76180-8607
Property profile & analytics
7151 Blvd 26 North Richland Hills, TX 76180-8607
- Drug stores
- 14,080 SF
- 1.86 lot acres
Property ID
US82-3708767
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.
Location Intelligence
Current Use by Public Records
- Drug stores
Property Details for 7151 Blvd 26
- Year built
- 1997
- Lot size
- 1.86 lot acres
- Property size
- 14,080 SF
- Property type
- Drug stores
- APN
- 30170-4-8
- APU
- 3017048
Description
This exceptional investment opportunity presents a fee-simple, single-tenant Walgreens located in North Richland Hills, Texas, within the Dallas-Fort Worth MSA. The property features a 14,080 square foot building on a 2.15-acre lot, offering significant redevelopment potential. The Walgreens lease, a double net (NN) agreement, has a remaining term of 2.5 years, expiring May 30, 2027, with eight 5-year lease options. The property boasts a 9.25% cap rate and a strong net operating income (NOI) of $281,576 annually. Built in 1999, this Class A retail property enjoys 100% occupancy since its commencement date of May 14, 2002. The site includes 68 parking spaces and benefits from a high-traffic location at a three-way intersection with over 31,000 vehicles passing daily. Surrounding national retailers include Kroger, CVS, Dollar General, and more. The property's strategic location within 13 miles of DFW International Airport and a dense population area with high average household incomes makes this a compelling investment. The 2.15-acre parcel provides flexibility for future development. This is a passive income opportunity with limited landlord responsibilities. The property is situated at 7151 Blvd 26, North Richland Hills, TX 76180.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $915,000 Current use
- MEDICAL BUILDING
- $1,430,000 Change: +56% Conversion: Difficult
- OFFICE BUILDING
- $1,225,000 Change: +34% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,035,000 Change: +13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- North Richland Hills
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2284
- Latitude
- 32.8244
- 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
$46,449
$1,379,584
$760,576
$2,140,160
-
$1,379,584
$760,576
$2,140,160
