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Property profile & analytics
OFF-MARKET Estimated value $1,310,000
Office buildings

8408 Davis Blvd North Richland Hills, TX 76182-8685

25,504 SF 1.79 ac lot Built 2004
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US83-4222995
Property summary
AI-generated overview

Woodforest Plaza presents a remarkable opportunity to lease a premier office building in Tarrant County, Texas. This single-building property totals 27,942 square feet, currently entirely vacant and available for immediate occupancy. The building offers flexible lease options with multiple suites ranging from 2,000 to 5,634 square feet. The space is divided between two floors: the first floor offers units ranging from 2,000 to 4,630 square feet, while the second floor provides units from 2,000 to 4,819 square feet. The property boasts Class A finishes throughout, making it ideal for a variety of businesses. Common area improvements are currently underway, enhancing the overall appeal and functionality of the building. Tenants will benefit from ample surface parking, ensuring convenient access for employees and clients. The building enjoys unparalleled visibility and access to major thoroughfares including Davis Boulevard, North Tarrant Parkway, and Precinct Line Road. A wealth of nearby amenities are within walking distance, including restaurants, grocery stores, fitness centers, and a Walgreens. On-site banking is conveniently provided by Woodforest National Bank. Monument signage is also available, providing excellent branding opportunities. This is a rare chance to secure a high-quality, fully vacant office building in a thriving location. Contact us today to learn more about leasing options and schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 25,504 SF
Lot 1.79 ac (77,929 SF)
APN 44954G-1-5
UPID US83-4222995
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
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$1.31M
Owner & transaction history
Woodforest Natl Bk · 6 yrs held
Woodforest Natl Bk
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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