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Property profile & analytics
FOR SALE
Medical Office Space

8479 Davis Blvd North Richland Hills, TX 76182

14,200 SF 1.97 ac lot Built 2017
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US82-6733036
Property summary
AI-generated overview

This exceptional multi-tenant medical office building, totaling 16,524 square feet, presents a unique investment opportunity in the thriving North Richland Hills, Texas market. Currently, 5,726 square feet of readily available space is perfect for expansion or a new practice. Strategically located at 8479 Davis Blvd, on the northwest corner of Davis Boulevard and North Tarrant Parkway, this property boasts unparalleled visibility and accessibility. The building's prime location is surrounded by bustling retail centers and residential areas, ensuring high traffic and a strong patient base. This well-maintained medical center is ideally situated to serve the affluent communities of Southlake, Keller, Colleyville, and North Richland Hills, offering a strong demographic profile for medical practices. The available space features high-quality finishes, adaptable work areas to suit various needs, a dedicated conference room, and two treatment rooms, ready for immediate occupancy. The property is zoned F1, making it suitable for a variety of medical uses. This is an exceptional chance to establish or expand a medical practice in a highly desirable location with excellent visibility and access to a large, affluent population. The building's second-generation physical therapy space provides a solid foundation for a seamless transition. Don't miss this opportunity to secure a prominent presence in this thriving medical corridor. The property is located in zip code 76182.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2017
Total area 14,200 SF
Lot 1.97 ac (85,770 SF)
APN 3430-5-7
UPID US82-6733036
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.61M
Blend (final) Blend
$1.82M
Owner & transaction history
Davis Blvd Douglas LLC · 5 yrs held
Davis Blvd Douglas LLC
since 2021
5 recorded transactions
2021
Price N/A
2018
Price N/A
2017
Price N/A
2015
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.1M +71.6%
Restaurant $1.7M +39.3%
Auto repair, garage $1.6M +28.1%
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