7550 Shady Grove Rd North Richland Hills, TX 76182
Property profile & analytics
7550 Shady Grove Rd North Richland Hills, TX 76182
- Day care centers
- 12,640 SF
- 2.01 lot acres
Property ID
US82-0476512
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
- Day care centers
Property Details for 7550 Shady Grove Rd
- Year built
- 2001
- Lot size
- 2.01 lot acres
- Property size
- 12,640 SF
- Property type
- Day care centers
- APN
- 3299-10-41R
- APU
- 32991041R
Description
This exceptional 12,640-square-foot single-story office building, situated on a 2.009-acre lot in North Richland Hills, Texas, presents a unique investment opportunity. Built in 2001, the property is zoned for daycare use and boasts a wealth of features ideal for a variety of commercial applications. Previously operated as a daycare until April 2024, the building comes complete with existing furniture, buses, and other equipment, representing a significant advantage for a prospective daycare operator or a similar business. The property also includes well-equipped playgrounds and a swimming pool, adding further value and appeal. The asking price is $3,200,000, translating to $253 per square foot. The property's location in a residential neighborhood offers the potential for conversion into residential use, subject to city approval. This versatile property is well-suited for executive offices, medical offices, or a daycare/Montessori school, making it an attractive option for investors seeking a high-return asset. The seller is open to lease options as well. The property's APN is 07934726 and is located at 7550 Shady Grove Rd, North Richland Hills, TX 76182. This presents a rare opportunity to acquire a well-maintained, multi-use property in a desirable location at a competitive price.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $465,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $953,000
Market price range: $559k - $1.13M -
Alternative Use
- Use
- Estimation
- COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
- $800,000 Current use
- OFFICE BUILDING
- $1,145,000 Change: +43% Conversion: Difficult
- MEDICAL BUILDING
- $1,110,000 Change: +39% Conversion: Difficult
- RETAIL STORES
- $770,000 Change: -4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- North Richland Hills
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2122
- Latitude
- 32.907
- 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
$31,120
$262,509
$1,337,491
$1,600,000
-
$262,509
$1,337,491
$1,600,000
