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Property profile & analytics
OFF-MARKET
Commercial land

8825 Tarrant Pkwy North Richland Hills, TX 76182-8461

1.17 ac lot
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US82-6197088
Property summary
AI-generated overview

This exceptional 1.17-acre commercial land parcel, located at 8825 N Tarrant Pkwy in North Richland Hills, Texas, presents a remarkable development opportunity. Situated in a high-traffic area at the intersection of North Tarrant Pkwy and Davis Blvd, this property boasts convenient access to major retailers including Walmart and Kroger, numerous retail centers, fast-casual dining establishments, and office buildings. The site's strategic location within a densely populated, rapidly growing market ensures high visibility and strong potential for a variety of commercial uses. The property is zoned for commercial development and features existing utilities. The 50,830 square foot lot is largely flat with minimal tree coverage, except for a small drainage easement on the east side. Its proximity to a wealth of established businesses, including Chili's, Chick-fil-A, and Smoothie King, further enhances its appeal. This site is ideal for developers seeking to construct a medical office building, retail center, or other commercial venture, capitalizing on the area's robust demographics and high traffic volume. The asking price is $775,000. This is a rare opportunity to acquire a prime commercial lot in a thriving Texas market.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.17 ac (50,965 SF)
APN 3430-5-6
UPID US82-6197088
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
SEVEN ESTATES LLC
SEVEN ESTATES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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