Property profile

7212 Baker Blvd Richland Hills, TX 76118

FOR SALE
Commercial land
Property ID
US82-4409166
1,910 SF 4.67 ac lot Built 1940
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional opportunity presents 22' x 90'/70' single-family residential lots in Richland Hills, Texas. Conveniently located at 7212 Baker Blvd, zip code 76118, these individually platted lots are approved by the city and zoned PD SF-7. All utilities are readily available at the site, simplifying the construction process. A significant advantage is the property's location outside of any designated floodplain, eliminating potential flood-related concerns and associated costs. The lots offer a straightforward path to development, with city approvals already secured. Detailed information regarding the development plan is accessible upon request. This is an ideal opportunity for builders or investors seeking to capitalize on the strong residential market in Richland Hills. The lots are free and clear, providing a streamlined acquisition process. Don't miss this chance to acquire prime residential land in a desirable Tarrant County location. Contact us today to learn more about this exciting development opportunity.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1940
Total area 1,910 SF
Lot 4.67 ac (203,556 SF)
APN 38765--1AR1
UPID US82-4409166

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7212 Baker Blvd Richland Hills, TX 76118
Richland Hills metro Census 113302 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2012
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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