8416 Davis Blvd North Richland Hills, TX 76182-8603
Property profile & analytics
8416 Davis Blvd North Richland Hills, TX 76182-8603
- Drive through restaurants
- 2,571 SF
- 0.92 lot acres
Property ID
US82-1134916
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
- Drive through restaurants
Property Details for 8416 Davis Blvd
- Year built
- 2009
- Lot size
- 0.92 lot acres
- Property size
- 2,571 SF
- Property type
- Drive through restaurants
- APN
- 44954G-1-7R
- APU
- 44954G17R
Description
This exceptional investment opportunity presents a 2,571-square-foot Jack in the Box, operating under an absolute NNN lease with a corporate guarantee from a publicly traded company (NASDAQ: JACK). Located in North Richland Hills, Texas, within the Dallas/Fort Worth MSA, this freestanding building sits on a 0.92-acre lot and enjoys excellent visibility and access on Davis Boulevard, boasting traffic counts exceeding 28,910 vehicles per day. The property benefits from its strategic outparcel location to a Walmart Supercenter, ensuring high traffic and customer visibility. The current lease, commencing September 17, 2010, and expiring September 16, 2030, has 6.2 years remaining, with four additional 5-year renewal options. Rent increases are tied to the CPI, with a cap of 8% every five years. The property generates a strong net operating income (NOI) of $161,369, resulting in a compelling 6.50% cap rate. The asking price is $2,483,000, translating to $965.77 per square foot. The location boasts a robust demographic profile, with over 228,686 residents and 240,117 employees within a five-mile radius, and an average household income exceeding $203,266 within a three-mile radius—significantly higher than the national average. Its proximity to DFW International Airport further enhances its appeal. This is a rare opportunity to acquire a stable, high-performing, and strategically located net lease property with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- North Richland Hills
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1914
- Latitude
- 32.9063
- 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
$28,054
$638,416
$796,584
$1,435,000
-
$638,416
$796,584
$1,435,000
